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EU accession prompts Raben to expand reach eastward

The next step in the company's expansions plans will be the enlargement of its Russian operations, opening its first logistics terminal in that country in July, with more planned to come online in 2005. "We are planning the development of a transport-warehousing network, thanks to which we will be able to provide logistics services connected with local distribution in each country that we operate in," said Ewald Raben, the company's president. In addition, the company this year plans to spend zł.25 million on investments related to the development of its four existing domestic logistics hubs, while next year the figure is expected to reach zł.40 million. (Parkiet, p. 6) A.K.

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