The Militzer & Münch Group has founded a joint venture with Serbian logistics company Invictus System Transport & Logistics D.O.O. With this step, Militzer & Münch is further expanding its network in the Balkans. Both partners are planning to turn the joint venture into a leading forwarder in Serbia within the next two years.
“With this joint venture, we add to our network a country that optimally complements our locations in the South East Europe Region”, says Sacho Todorov, Regional Managing Director South East Europe at Militzer & Münch, “Serbia is a bridge to EU, and is also of major geo-strategic importance in terms of the New Silk Road. As many German companies have production plants in Serbia, the joint venture is especially promising for our German country unit.”
“In Serbia, we will first of all focus on road transports”, says Filip Simovic, Managing Director of the joint venture. “Our services will comprise mainly export, import and customs clearance. In the near future, we are going to expand our portfolio, adding airfreight and sea freight, warehousing, intermodal traffics and project transports. Our objective is to develop the joint start-up within the next two years to become a leading forwarding company in Serbia. Plans are to strengthen our position in Serbia with further investments.”
Invictus Logistics was founded in 1989 as a small road transport company under the name of Madiba Logistics by Trevor Willemse and has been trading since 2004 under its current name. The business activity is divided into three main areas: general container logistics, transport with refrigerated containers and long distance brokerage. The company is headquartered in Beograd (Serbia).
The M&M Militzer & Münch Group employs around 2,100 people at more than 100 locations in 27 countries and provides worldwide air and sea freight services as well as road and rail guided land transport and project logistics along the East-West axis in Eurasia and North Africa. The company has operations in Eastern Europe, the Commonwealth of Independent States, the Middle East, the Far East and the Maghreb countries. The headquarters of the company, founded in 1880, is St. Gallen (Switzerland).
