Business News

Luka Koper Aims at Increasing Transshipment

Koper, 11 September (STA) - Luka Koper, the operator of Slovenia's sole seaport in Koper, is planning to increase its cargo transshipment to 21.4 million tonnes by 2015, compared to 15.4 million tonnes in 2010. While the port is to keep handling different kinds of cargo, it strategic development will focus on cars and containers.

The five-year plan has already been confirmed by the company's supervisory board and the management presented it to financial analysts and investors.

According to Luka Koper CEO Gregor Veselko, Luka Koper would like to become the leading port system for global logistics solution in central and eastern Europe.

The company would like to control the entire territory of Slovenia and to expand on other countries, as well as keep the existing market share in other countries, to fortify its presence in developing countries and to consolidate its role in the Mediterranean.

Luka Koper will be aiming at obtaining new long-term deals with global logistics companies and acquire new ship routes as well as promote additional rail routes. The port is to work on shortening transit times and mend bottlenecks in rail infrastructure.

Luka Koper group intends to start taking control of companies performing activities that are of strategic importance for the port. It is however to keep its basic activities under the parent company and sign strategic partnerships for other activities.

The state-owned company will moreover pay out dividends to shareholders amounting to 30% of net profit. The port will also try to get more support from the state for its development projects, including faster issuing of zoning plans.

Luka Koper also intends to draw from the EU cohesion fund so as to cover 30% of public port infrastructure with the funds.

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