Independent journal on economy and transport policy
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HHLA buys the terminalista society Estonian Transiidikeskuse
It manages the terminal for goods several TK Muuga in the Muuga area of the port of Tallinn
March 27, 2018
The terminalista group German Hamburger Hafen und Logistik AG (HHLA) has bought Transiidikeskuse AS, the main Estonian terminalista society that the terminal for goods several TK Muuga in the Muuga area of the port of Tallinn manages. The acquisition represents according to investment in harbour within of the German group to out of the port of Amburgo following that realized in 2005 when the management of the main container was assumed Ukrainian terminal in the port of Odessa.
"Estonia - it has emphasized Angela Titzrath, president of group HHLA - is one of the economies in more fast increase in Europe and is pioneer in the field of the digitalisation. We are therefore pleased to integrate Transiidikeskuse AS, a already profitable and absolutely efficient society, in the HHLA family. One of the HHLA objectives - it has specified Titzrath - is to grow internationally and the positive conclusion of this contracted demonstrates that we are going in this direction. The acquisition allows us to enter in a promising regional market that it offers a growth potential thanks to its geographic position and to its connection with the New Via of the Silk".
Currently the terminal of Muuga has a containerized trade ability pairs to 300 thousand teu that it could be high to about 800 thousand teu.
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