#Japan #Nippon Express #Tokyo #Formag #Ukraine Reconstruction

Strategic Partnership for Ukraine

On January 8, 2025, Nippon Express Europe GmbH, a subsidiary of Nippon Express Holdings, Inc., announced a new cooperation agreement with Ukrainian logistics provider Formag-Kiev. This partnership aims to bolster ongoing reconstruction efforts in Ukraine by enhancing logistical support.

Goals of the Partnership

The agreement was initiated during the Japan-Ukraine Conference focused on Economic Growth and Reconstruction, held in early 2024. This event aimed to forge strong public and private sector support for Ukraine's comprehensive economic development. By aligning with this initiative, Nippon Express (NX) Group is committed to providing active assistance towards rebuilding Ukraine's logistics infrastructure.

Both NX Group and Formag have a history of collaborating on cargo transportation matters. This cooperation agreement will enable them to leverage their extensive expertise and networks. By doing so, they plan to enhance their integrated transportation services to and from Ukraine, significantly contributing to its recovery and development efforts.

NX Group's agreement with Formag represents a strategic move to strengthen its presence in Ukraine and to work towards its long-term vision of becoming a prominent global logistics company. Furthermore, through this partnership, the NX Group will contribute actively to the development of Ukraine's logistics infrastructure and support its economic recovery.

About Formag

Formag, established in 1992 and based in Kiev, operates as a key player in Ukraine's logistics sector. The company specializes in providing maritime, air, rail, and road transport services. With nearly 600 employees, Formag manages operations across 24 commercial firms spanning 14 cities in Eastern Europe, Central Asia, and beyond. Recently, it has also expanded its services to include heavy equipment transportation and delivery for reconstruction-related projects.

Their operational reach extends across countries such as Poland, Romania, Bulgaria, and Moldova, among others, showcasing their capability to handle logistics in diverse international environments.

Conclusion

This partnership between NX Group and Formag is seen as a significant step in enhancing Ukraine’s logistical capabilities during a crucial time. As the nation works towards rebuilding and advancing its economy, the collaborative efforts of these two companies are aimed at delivering effective logistical solutions that align with local needs and international standards. This initiative not only supports immediate logistical needs but also paves the way for sustainable economic growth in the region.

As global logistics evolve in response to challenges faced by nations in transition, the alliance between NX Group and Formag serves as a model for how international partnerships can facilitate rapid recovery and resilience in the face of adversity.