PKP CARGO and HZ Cargo signed cooperation agreement

PKP CARGO and HZ Cargo, the Croatian national rail freight operator,  have signed a strategic cooperation agreement on providing services to their current customers, shipping the freight within the Baltic – Adriatic Corridor and establish joint logistics offer for the prospects. Cooperation with the Croatian partner provides PKP CARGO with access to intensively modernized ports in Rijeka and Ploce, HZ Cargo terminals and relatively extensive rail network as well as enable more effective rolling stock utilization. “As the transport services in certain European countries are dominated by national carriers with market share reaching 70%-80%, such strategic alliances with the local leaders remain in most cases the only attainable formula to develop international activity” Purwin said. Last year, Rijeka’s ports transported 10% more freight then year before, terminal Bakar noted 196% more cargo which is transported over railway. Also, HŽ Infrastructure finished works and reconstructions on their railroad lines and have plans for few more reconstructions to increase capacity. This plans and investments are great bait for investors and companies.