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Port ID:12589 UN Locator:PLGDY
Port of Gdynia Authority S.A.

Port of Gdynia Authority S.A.

Port of Gdynia Authority signed a cooperation agreement with representatives of business communities of the Black Sea area at the VII Intermodal Transport Forum FRACHT 2019, which started yesterday in Gdansk.

The Memorandum between the Port of Gdynia Authority, Group of Companies “Sodrużestwo” with its seat in Kherson, Ukraine and the Baltic-Black Sea Association Economic Forum was signed by: Adam Meller – President of PoGA S.A., Grzegorz Dyrmo, Vice President of PoGA S.A., Viktor Popov, CEO of Group of Companies “Sodrużestwo” and Wołodymyr Makucha, Vice President of the Baltic-Black Sea Association Economic Forum.

“Our aim is to start cooperation to increases cargo streams between the Port of Gdynia and countries such as Ukraine, Turkey, Georgia or Azerbaijan. We attach special importance to the distribution of goods from a Logistic Centre now under construction in Ukraine to the Port of Gdynia,” comments Adam Meller, President of PoGA S.A.

“For PoGA S.A. this agreement may mean market extension towards the East, growth of cargo handling and increased demand for logistic services at the port,” he adds.

At the evening Gala ending the first day of the Intermodal Transport Forum FRACHT 2019 the Port of Gdynia Authority was awarded the title of the Intermodal Transport Leader for its activities promoting the development of intermodal transport.

“Poland is located at the intersection of important trans-European transport corridors, east-west and north-south. We stand a chance of becoming one of Europe’s largest hubs, and through development of intermodal transport the Port of Gdynia is an important link on the New Silk Road,” comments Grzegorz Dyrmo, Vice President of PoGA S.A.

The contest is organized by editor of “Kurier Kolejowy”, whose objective is to distinguish and award companies and managers who achieve best results in intermodal transport, introducing effective and innovative transport technologies, observing environmental protection and business ethics standards, thus contributing to the development of intermodal transport in Poland.

On the next day of the Forum Vice President of PoGA S.A. Piotr Nowak participated in a discussion panel called “How the world of finance perceives the market of transport and logistics”, focusing on long-term investment financing options in the transport industry and the role of insurance and risk management in large infrastructural investments. The discussion also touched the issue of the need to develop an appropriate structure of transactions in financing the External Port and underlined that container business is seen as stable and having a growth potential. Representatives of the banking sector observed that container terminals have a very good financial situation, with great ability to repay their liabilities and profitability at the level of 40-60%. Involvement of pension and investment funds in container terminal businesses proves that they reliable.