Gruzin Geo

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  • By sotter sotter
  • August 11, 2025

Germany’s Federal Minister for Economic Affairs visited the port of Hamburg and promised increased support.

As part of her summer tour, Federal Minister for Economics Katharina Reiche visited the Port of Hamburg, where she learned about current projects, innovative technologies and the challenges facing one of Germany’s key logistics hubs. She emphasized the strategic importance of the port for the country’s economy and announced her intention to increase state support for port infrastructure.

  • By sotter sotter
  • August 11, 2025

Kazakhstan Railways raised $595 million for the development of the Trans-Kazakhstan corridor.

Kazakhstan’s KTZ railway company has signed a loan agreement with the Abu Dhabi Commercial Bank and Deutsche Bank for up to 480 million Swiss francs (about $595.5 million). The funds will be used to finance key infrastructure projects along the Trans-Kazakhstan corridor. The deal was organized with the support of the sovereign wealth fund Samruk-Kazyna, which fully owns KTZ.

  • By sotter sotter
  • August 8, 2025

Business activity in the eurozone accelerated thanks to growth in the services sector and a recovery in manufacturing.

In July, business activity in the eurozone exceeded expectations, reaching an 11-month high. According to the preliminary composite PMI index from HCOB and S&P Global, the indicator rose to 51.0 points against 50.6 in June, which indicates moderate economic growth due to a confident recovery in the services sector and a gradual revival in industry.

  • By sotter sotter
  • August 8, 2025

The Port of Klaipeda has announced a call for applications for the largest expansion in its history.

The Klaipeda Port Authority has officially opened the call for applications for participation in the Southport project, the largest expansion programme in the history of the Lithuanian harbour. The project envisages the creation of about 100 hectares of new port territory and the construction of 1.3 km of berths, which will significantly increase cargo turnover and attract investment in modern production and logistics facilities.

  • By sotter sotter
  • August 8, 2025

DB Cargo improved its financial performance despite a drop in cargo turnover.

The freight division of the German railway corporation Deutsche Bahn — DB Cargo — ended the first half of 2025 with an EBITDA operating profit of 70 million euros. For comparison: a year earlier this figure was negative — minus 53 million euros. The operating loss according to EBIT also decreased significantly — from 256 million to 96 million euros.

  • By sotter sotter
  • August 7, 2025

The President of Kazakhstan discussed the development of railway infrastructure and digitalization with the head of KTZ.

The President of Kazakhstan met with the Chairman of the Board of JSC NC KTZ Talgat Aldybergenov to discuss the company’s performance in the first half of 2025. According to Aldybergenov, operational freight turnover increased by 8.6%, and transit traffic reached 14.6 million tons, indicating the growing importance of KTZ in the country’s transport sector.