The Rhenus Group is set to open up their own business site in South Korea, and have also founded the national company ‘Rhenus Logistics Korea’ at the same time. The office in Seoul will organize sea and air freight operations, third-party logistics and domestic transport services in the future.
“The primary motive for opening the business site in South Korea is to continue consolidating our Asian network; we’ve been continually expanding this during the past few years. Seoul forms the center of South Korea and is the focal point of the Sudogwon metropolitan district. More than 25 million people live there and this accounts for half of the population of the country; it therefore provides an excellent starting point for our range of logistics solutions,” says Tobias Bartz, who is responsible for the logistics specialist’s Asian business on the Rhenus Management Board.
The Rhenus Group said that they are aiming particularly to establish themselves as a partner for transporting, handling and storing raw materials, semi-finished products and industrial and consumer goods in the South Korean market. Much of the country’s trade takes place with Europe currently, but the new company will also focus on transport between different Asian countries. “We also envisage further growth in this market in future after completing the starting phase in Seoul,” says Mr. Bartz.