Home / Business / Gebruder Weiss Plans to Invest Additional 2 million EUR in Georgia
GEBRÜDER WEISS

Gebruder Weiss Plans to Invest Additional 2 million EUR in Georgia

Major Austrian transport and logistics company GEBRÜDER WEISS plans to invest additional 2 million EUR in expansion of terminal infrastructure in Georgia, Wolfram Senger Weiss, the company managing board member noted at the meeting with Georgian Prime Minister Giorgi Kvirikashvili.

The company is content with investments and the dynamics of development in the country, he said.

“We entered Georgia in about 5 years ago and we are very content with our investments. We have attracted a lot of businesses. We have also invited a big Japanese company. This positive tendency will be maintained. We plan to invest additional 2 million EUR in expansion of our logistics terminal. This is the first step for the next phase of development. Two years ago we received a right decision for opening a logistics terminal in Georgia”, Wolfram Senger Weiss noted after his meeting with Georgian Prime Minister.

Gebrüder Weiss has invested 10 million EUR in construction of one of the major premium class logistics terminal in the South Caucasus. Land transportation, air and sea shipping, logistics and other directions are key fields of the company operation.

The network of Gebrüder Weiss unites 150 branches in 28 countries of the world and employs more than 7 000 persons.

The meeting with the Prime Minister was attended by Gebrüder Weiss director general Aleksandre Kharlamov, the company’s regional director Thomas Mozer and Georgian Minister of Economy Dimitri Kumsishvili.