Business news from Ukraine

Business news from Ukraine

Logistics company N-Trans increased its turnover by 10% in first half of 2024

25 September , 2024  

Founded in 2004, N-Trans is a leading provider of integrated logistics services in Ukraine. The company’s core business areas include international road and container transportation, customs terminal services, customs clearance, and warehouse logistics. The company offers a full range of solutions for the transportation of goods of varying complexity.
Despite the challenging wartime conditions, N-Trans continues to grow and expand its geography, which covers Europe and Asia. Among the company’s clients are such international giants as Mitsubishi, Hyundai, Volkswagen, Audi, Scania, Iveco, BYD and Haval.


CEO Denis Fomenko said: “We are confidently moving forward despite all the challenges. Our main goal remains to expand the geography of optimal logistics routes and improve the quality of service for our customers.”
The company’s financial performance confirms its steady growth. In 2023, N-Trans’ turnover amounted to UAH 305 million, up 267% compared to 2022. In the first half of 2024, the turnover reached UAH 172 million, up 14% year-on-year.
“N-Trans operates a modern functional logistics terminal located on the 45th km of the Kyiv-Chop highway. The terminal includes:
Vehicle arrival area of 24,100 m²
Closed-type temporary storage warehouse with an area of 164 m²
An open-type customs warehouse with an area of 36,300 m²
Open commercial warehouse with an area of 60,000 m²
Customs post of the Kyiv Customs Service
Phytosanitary control point of the State Service of Ukraine for Food Safety and Consumer Protection in Kyiv region

 

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