Hamburger Hafen und Logistik AG (HHLA) has announced it is acquiring a 60 per cent stake in Eurobridge Intermodal Terminal LLC in Batiovo, western Ukraine.
The terminal, to be operated as “HHLA Eurobridge Batiovo“, will be a joint venture with Fortior Capital LLC.
HHLA, holding the majority stake, will develop the site with its rail subsidiary METRANS. The deal is pending approval from Ukrainian competition authorities.
Angela Titzrath, CEO of HHLA, emphasised: “Ukraine is and remains an important growth market with great potential for intermodal freight transport. The aim is to create a strong intermodal corridor between the EU and Ukraine, thereby contributing to economic integration – building bridges, as the name Eurobridge aptly describes.”
Philip Sweens, Managing Director of HHLA International GmbH, stated: “Our investment is a clear commitment to Ukraine’s economic and logistical potential.”
Peter Kiss, CEO of METRANS, added: “By connecting the terminal to the METRANS network, we will be able to offer our customers even more attractive transport solutions to Ukraine in the future.”
In April, HHLA Sky merged with drone maker Third Element Aviation, creating a European leader in large-scale automation of drone and mobile robot fleets by combining HHLA Sky’s management software with Third Element’s drone technology.