#Japan #Nippon Express #Tokyo #Formag #Ukraine Logistics

NX Europe Partners with Formag for Ukraine's Recovery

In a significant move aimed at boosting Ukraine's recovery, Nippon Express Europe GmbH (referred to as NX Europe), part of NIPPON EXPRESS HOLDINGS, INC., has formalized a cooperation agreement with Formag-Kiev, a Ukrainian logistics provider. This partnership is strategically focused on facilitating logistical support to help rebuild Ukraine, which is undergoing significant reconstruction.

Strengthening Ties for Effective Logistics Solutions

The indeed collaboration was bolstered by the Japan-Ukraine Conference held by the Japanese government early in 2024, emphasizing the importance of robust public and private sector support in fostering economic growth in Ukraine. This conference underscored the need for effective logistics solutions that can aid in the overall recovery efforts of the war-torn nation. NX Europe aims to leverage this partnership to enhance logistic capabilities and respond to the challenges posed by this monumental task.

Both NX Europe and Formag have been collaborating in freight transportation for some time, building strong relationships that now culminate in this formal agreement. By combining their expertise and expansive networks, the two companies are set to fortify their integrated logistics services for transporting goods to and from Ukraine. Through this initiative, NX Europe not only aims to strengthen its presence in the region but also to step closer toward its long-term vision of becoming a global logistics powerhouse.

Contribution to Ukraine's Infrastructure Development

With this cooperation, NX Europe is poised to make significant contributions to the enhancement of Ukraine's logistics infrastructure and share pivotal support for the nation's economic revival. This partnership involves various logistics operations, including maritime, air, rail, and road transport services. Formag, established in 1992 and headquartered in Kiev, operates under the Global Transport Investment (GTI), and has evolved to manage complex logistics tasks, including the transport of heavy equipment for reconstruction projects.

About Formag

Formag has established a commendable track record in logistics, operating in multiple sectors and providing comprehensive services. The company's extensive team of approximately 600 employees offers its expertise across 24 business enterprises in 14 cities across 10 countries in Eastern Europe and Central Asia. The company's recent endeavor includes transportation and delivery of heavy machinery like transformers and excavators critical for reconstruction initiatives. This multi-faceted approach enhances their capabilities to meet the increasing demands of logistics in Ukraine during these transformative times.

As NX Europe moves forward with this partnership, it remains committed to supporting Ukraine’s recovery and development efforts through improved infrastructure and logistics services. The collaboration lays the foundation for a strategic alliance that could lead to substantial advancements in how logistics and transportation are managed in the region, ultimately contributing to the broader economic growth of Ukraine in the wake of rebuilding efforts.

Both companies look forward to a successful partnership that not only aids immediate logistics needs but also contributes positively to Ukraine’s long-term recovery strategy. The efforts of NX Group and Formag represent a notable commitment to aiding a nation in its critical time of need, ensuring that the logistics sector plays an essential role in Ukraine's return to stability and growth.