Vision of Duisport Group prevails
The Duisport Group's CEO, Erich Staake, answered the most pressing question at a press conference, which was held online for the first time. Staake assessed the situation as follows: “Overall, we expect total economic output to decline by around 10% in 2020. In many industries, the value chains will be put to the test, but a significant reversal of the global division of labour is not expected. According to consolidated figures, Germany-based Duisport achieved sales of EUR 292.6 million in 2019, an increase of 5.1% or EUR 14.1 million. Ebitda rose by 2.1% to EUR 43.4 million. Net income improved by 6.8% to EUR 13 million. However, the total throughput decreased to 61.1 million t (-6.5%) and we won't be able to increase this in 2020."
Staake added: "Projects, such as the trimodal logport VI container terminal (40 ha), where DSV could be located, or the new logport II distribution centre, will be implemented, as will the Great Stone industrial and logistics park in Belarus, where my company will start connecting to the major transport routes this year, by means of a contract with the management company. In cooperation with the China Railway Container Transport (CRCT) entity, China Rail has been picking up again since March. In addition to a new connection to Xi’an, we are working on developing a new link to the Pearl River Delta."
It can be expected that the Duisport Group's international activities include in China, Turkey and Belarus will not lose momentum. (mw)