14:29 13.10.2015

Artyomsol with Ukrainian Danube Navigation working on alternative ways to ship supplies to Europe

2 min read
Artyomsol with Ukrainian Danube Navigation working on alternative ways to ship supplies to Europe

Artyomsol state enterprise is holding talks with private joint-stock company Ukrainian Danube Navigation (Izmail, Odesa region) on the provision of services to ship salt to the Danube countries.

The state enterprise said in a press release on Tuesday that the necessity to optimize transport logistics appeared due to the growth in exports of Artyomsol's products, including to the European Union.

"We understand that today there are external problems with a shortage of rolling stock and we're working on alternative options to supply our products. We supply [our products] via Izmail seaport under FOB conditions. We're discussing cooperation with PrJSC Ukrainian Danube Navigation to work out transportation of our salt to the European Union countries under CIF conditions," acting director of Artyomsol Andriy Zhuravlev said.

The press service said that the economic calculations showed that cooperation with Ukrainian Danube Navigation is a more beneficial way of dispatching cargo as it cuts logistics expenses and protects consumers from failures due to the absence of rolling stock.

The start of cooperation with Ukrainian Danube Navigation will boost supplies to the countries where Artyomsol is working now (Hungary, Slovakia, Serbia, Bulgaria) and will allow the company to enter the new markets of Slovenia, Montenegro, Croatia, Bosnia and Herzegovina, and find direct access to the river ports of Austria and south Germany.

Artyomsol is the largest enterprise engaged in the production and sale of salt (NaCl) in Central and Eastern Europe.

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