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April 11, 2011
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- The French and Latvian GEFCO SRR formed the joint venture EMMA
- The new company will provide multi-modal services between Europe and Central Asia
The French logistics group GEFCO and SRR Latvian railway company formed the joint venture EMMA (MultiModal Eurasian Alliance) with the aim of offering multi-modal services between Europe and Central Asia.
- SRR is a major railway companies in Latvia and its main customers are mining and manufacturing companies and large companies that export to international markets. The Latvian company's activities are mainly focused on exporting raw materials from Asia, while the activities of GEFCO in Latvia are more focused on the importation of finished products.
- The President of the SRR, Evgueni Slobin, stressed that the agreement is a winner for both companies, "such consolidation - he explained - will enable us to increase the stock rotation and optimization of container and thus to improve the logistic processes of distribution of goods, by combining the two directions of import and export corridor will improve the competitiveness of Latvian, with positive economic effects for our customers. "
- "By joining forces - has confirmed the Director General of GEFCO Baltics, William The Clergy - GEFCO and SRR will be able to provide multimodal solutions regular, efficient and competitive to its customers."
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