CD Cargo continues to expand with new license for trains in Croatia
The company's ambition is to run trains across Europe under one brand.
Czech rail freight carrier CD Cargo can now run its trains from Hamburg to Split without the need to use services of other companies.
As of yesterday, CD Cargo trains can operate under their own license in Croatia. With its entry into the Croatian market, CD Cargo is mainly interested in transport to and from the port of Rijeka. Last year, the carrier already established a CD Cargo Adria branch.
Rijeka is not much used for rail transport yet but interest in this port is growing significantly. Containers and metallurgical products are transported to and from Rijeka. There is also an important oil terminal and a timber transhipment terminal. In the future, CD Cargo also wants to exploit the potential of the developing port of Ploce. Croatia plans to invest in expanding the capacity of both ports.
Over the past two years, CD Cargo has significantly increased its orientation towards foreign markets, and has already been licensed to operate in a total of seven countries: all neighboring countries, Hungary, and now Croatia. It is considering having its own locomotives in Croatia.
The carrier sees further room for expansion in the Balkans. Tha plan is now to enter Slovenian a Serbian markets. The company’s ambition is to run trains across Europe under one brand, wanting to collect up to a fifth of its revenues in international transport.