Business News

Slovenian logistics forging business ties in South Korea

Seoul, 12 November (STA) - A delegation of 18 Slovenian companies active in maritime, transport and logistics have been visiting South Korea's capital since Monday for a series of meetings with prospective business partners.

The visit is being organised by the transport section of the Chamber of Commerce and Industry (GZS) and the SPIRIT agency for promotion of entrepreneurship and investment.

According to the GZS section's press release, the Slovenian delegation is meeting Korean shipping and logistics companies, forwarding agents, port community companies, industrial companies, export and import companies and traders interested in Slovenian transport and logistic services.

"The visit's primary aim is a comprehensive promotion of the shortest transport route to Central and South Eastern Europe, and to present the offerings of highly competitive high-quality transport and logistic services for Korean companies that ship their goods to buyers in Europe," said the release.

The visit, featuring individual meetings and a business conference, is a continuation of promotion activities started in 2009 in Malaysia and Singapore, resumed in China, Hong Kong and India in 2010, China in 2013 and 2014, Vietnam and Indonesia in 2015, Japan in 2016 and 2018 and in India this year.

Slovenian transport logistics companies were also presented to target clients from trans-ocean countries as part of national showcase at the Transport & Logistics fair in Munich in 2017 and 2019.

Luka Koper board member Metod Podkrižnik said that South Korea was a key market for the operator of Slovenia's sole maritime port, accounting for 8% of all throughput, and over 15% of container throughput.

"The logistic route via the Koper port to the markets of Central and Eastern Europe and other markets it serves is roughly 2,000 nautical miles shorter than those through rival north European ports," said Podkrižnik.

The Slovenian port is connected with South Korea by means of regular direct weekly shipping links and excellent inter-modal (rail and road) links with land-locked countries.

Gracijan Necmeskal, the head of the association of maritime transport agencies at the GZS, suggested considering opening a trade office in South Korea considering the business potential.

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