German-based railway company Deutsche Bahn recently signed a new agreement with the national railway company of Georgia, Georgian Railway. The agreement was signed in Berlin by Member of the Board of Management for Freight Transport and Logistics at Deutsche Bahn, Alexander Doll and CEO of Georgian Railway, David Peradze.
This new cooperation will lay the foundation for future joint projects in the rail freight industry.
With the signing of this new agreement, Deutsche Bahn and Georgian Railway begin a strategic partnership to strengthen the corridors for European and Asian multimodal transportation.
Alexander Doll said, “This strategic alliance is mutually beneficial and marks a cornerstone. Maintaining close ties with Georgian Railway will help us to further grow our business as it puts us closer to the Asian market and opens up new perspectives for future endeavors.”
David Peradze gave his thoughts on the new agreement, “Georgian Railway is very active in developing Europe-Asia corridors. Therefore, it is logical that we partner up with Deutsche Bahn. Together with DB, we are going to team up and foster international freight transportation and offer competitive products. This certainly will benefit us and increase the competitiveness of Georgian logistics market.”
Deutsche Bahn is the largest rail freight provider in Europe and will provide Georgian Railway with an experienced and reliable business partner. Regarding this cooperation, Deutsche Bahn will undertake organization for rail freight transports within the European Union while their subsidiary DB Schenker will handle all multimodal transports.
The scope for Georgian Railway will see them handle cargo transports destined for India and the Middle East, that originate from Constanta and pass through Georgia and Azerbaijan, along with transports to East Asia via the Caspian Sea.
Both companies will benefit greatly from the new agreement as they support one another by exchanging resources such as knowledge, expertise, and information. The Deutsche Bahn – Georgian Railway partnership is yet another example of the continued growth in the Asian-European rail cargo market.