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Nizhny Novgorod Transport Company will expand its business due to the growing demand for cargo delivery

Nizhny Novgorod Transport Company will expand its business due to the growing demand for cargo delivery
Nizhny Novgorod company "Volga-Trans" bought 88 new cars and trailers due to an increase in the number of orders for cargo transportation. For the purchase of equipment, the company took loans for 127 million rubles at a reduced rate with the "umbrella" guarantee of the SME Corporation.

The investment project will allow the carrier to open up to 60 new jobs. By the end of the year, the company's revenue may grow by 15-20%, up to 1.8 billion rubles, the press service of the SME Corporation reported.

"Our company annually increases the volume of transported goods by 20-30%. In the current economic conditions, we are registering an additional increase in demand for services. This process is largely due to the reorientation of logistics routes and supply chains, import substitution. To expand the fleet of trucks and trailers, we needed reliable financial partners. Currently, with the help of additional financial leverage, we hope to implement another project to increase production capacity," said Viktor Pilipchuk, Director of Volga-Trans.

The company specializes in cargo transportation in Russia and the CIS. The company owns more than 300 pieces of equipment with a lifting capacity from 1 to 40 tons. The fleet of vehicles includes equipment for the transportation of industrial goods, food products that require compliance with temperature conditions, oversized and dangerous goods.

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Author: Ekaterina Ivanova
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