CTL Logistics plans to expand across Europe
"We plan acquisitions both on the Polish market and other European countries. [...] These will be the largest railway markets in Europe," said Wojciech Napiórkowski of Bridgepoint. According to experts it is most likely that CTL will purchase a small company from the German market, which is comprised of several hundreds of independent railway companies. "The following markets, in which we shall aim at strengthening our position will be Austria and Romania," said Krzysztof Sędzikowski, deputy president of CTL in charge of investments. The firm will not only purchase one competitor, but it is planning a series of acquisitions. CTL Logistics claims that as it operates across Europe it might establish a venture anywhere. The firm will also heavily invest in rolling stock and locomotives, but it will also construct transshipment terminals across Central Europe. (Rzeczpospolita, p. B4) M.M.