Business news from Ukraine

TIS Group in 2020 increased cargo turnover

5 January , 2021  

TIS Terminal Group in 2020 increased its cargo turnover by 10.34%, to 36.6 million tonnes (33.17 million tonnes in 2019).

“In 2020, the TIS group handled 36.6 million tonnes of cargo. We did not believe it, though … 36.6 is a beautiful figure, another TIS record, the largest cargo turnover among all Ukrainian operators, a 10% increase compared with last year. TIS year after year shows double-digit growth,” Andriy Stavnitser, co-owner of the TIS terminal group and the P&O Maritime Ukraine towing company, wrote on his Facebook page on January 1.

He also said that by the end of the year, the company employs more than 5,000 people.

“I think this is a completely official reason to expect only good things from 2021,” Stavnitser said.

As reported, TIS handled 33.17 million tonnes of cargo in 2019, which is 28.4% more than in 2018.

TIS Terminal Group is the largest stevedoring operator in Ukraine established 25 years ago.