Pall-Ex Group has expanded operations in Europe by signing a deal with one of Bulgaria’s largest transport and logistics providers.
The European palletised freight specialist will commence operations in Bulgaria by mid-2016 through a partnership with Econt, which operates over 40 per cent of the parcel market in Bulgaria.
With a central hub to be based in Plovdiv, the new network will launch with 18 members and will cover all territories next day as standard.
Pavel Penchev, managing director at Econt, said: “The pallet distribution market is a developing one here in Bulgaria. It is a market that needs a specific solution, as it is still relatively unstructured with freight volumes generally being delivered through long-distance multi drops or through courier networks, which proves to be inefficient. Pall-Ex can offer a tried and tested solution with very clear benefits for customers and operators.
Anand Assi, project director at Pall-Ex Group, added: “Our reputation is based on quality performance, and with similar exemplary standards, Econt is the perfect partner for us.
The new partnership is an exciting opportunity as it allows us to not only be market leaders, but also innovators...
“This new partnership will allow us to offer cost-effective rates throughout the country, based on geographical area. It will also see the introduction of differentiated pallet sizes, this flexibly will enable us to enhance our service to towns and villages. Together, we will be able to offer a much more customer orientated solution to the market.“Pavel and his team have an unrivalled knowledge of the domestic logistics market, so we are confident that our model will offer mutual benefits to Bulgarian hauliers and their customers.
Members of Pall-Ex Bulgaria will have access to Pall-Ex’s growing continental network, geographical coverage, spanning the UK, Spain, Portugal, Romania, Italy, France, and shortly the Benelux regions. The news comes as Pall-Ex’s Romanian network celebrates its fourth year of operation, with figures showing continued year-on-year growth.
Pall-Ex is also looking to secure partnerships in Germany, Hungary, Slovakia, Czech Republic and Scandinavia.
Established in 1993, almost two-thirds of Econt freight is for business-to-consumer and consumer-to-consumer clients. With 520 offices and 14 logistics centres supported by the firm’s headquarters in Ruse, Econt also works across Greece and Romania – further expanding Pall-Ex’s network.