The GEFCO Group Announces Opening of First Ever Office in the Middle East Region

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Leading global logistics provider to invest USD 10 million in the UAE over the next two years

Dubai, United Arab Emirates., February 27, 2013 - (PressReleasePoint) - The GEFCO Group, a leading solid profitable international logistic group, has revealed the opening of its first ever offices in Dubai, marking the start of its presence in the Middle East region. The announcement was made during a press conference held today (February 27, 2013) at the Palace Downtown Dubai. Present during the event were top GEFCO officials headed by Luc Nadal, Chairman of the Board and  Christian Zbylut, Vice President and CEO of International Development. Located inside the Jebel Ali Freezone Area (JAFZA), the company’s new offices will be offering effective logistics solutions like inbound overland logistics, outbound automotive logistics and overseas services to key industry verticals like automotive, aerospace, FMCG and electronics.
 
According to GEFCO senior executives, Russian Railways (RZD), national rail carrier of the Russian Federation and one of the newest shareholders of the GEFCO Group, made a big investment move in January this year, buying 75 per cent of the company. The acquisition has allowed GEFCO to enter aggressively into the market and ultimately drive in more growth for the company. In line with this, the company has revealed its plans to invest more than USD 10 million into the UAE over the next two years.  The opening of the company’s pioneering offices in Dubai is part of GEFCO’s continuing move towards international development and support for its customers across high-growth areas like Central Asia, the Middle East, Central and Eastern Europe, East Asia, India and South America. The new office will be the company’s headquarters for the Middle East, where all ‘back-office’ transactions will be located. In addition, GEFCO is expected to expand its operations to cars compound and warehousing activities over the next three years—making full use of 200,000 square meters.
 
“We are very excited with the potential opportunities to be gained from the opening of our new offices in Dubai, which not only marks our initial presence into the Middle East region, but also demonstrates our continuing move to address the growing need for highly reliable and effective logistic solutions from our customers,” said Stefano Pollotti, Country Manager - UAE, GEFCO. “Making Dubai the headquarters of our Middle East offices proves to be very strategic and advantageous—as we are located right in the heart of the region and central to the operations of various industry verticals. We remain highly confident in this key move to establish our presence and have even started to mull the possibilities of opening offices in Saudi Arabia, Oman and Qatar.”
 
GEFCO’s new Dubai office is expected to help complete the supply chain of the overseas flows arriving at the Dubai Ports. The opening will also ensure the supply chain of finished vehicles entering the emirate with final destinations to Iraq and across other countries within the GCC region. The company is expected to hire over 15 new personnel to man the Dubai offices and oversee Middle East operations.