News

The joint-stock company continues to fulfill one of the four pillars of its long-term strategy, to expand into foreign markets. This week, the company completed the establishment of its subsidiary CD Cargo Adria, whose main goal is to obtain all the necessary documents for the operation of rail freight transport in Croatia within a year at the latest. According to Chairman of the Board of Directors of ČD Cargo, a.s., Ing. Tomáš Tóth, the Balkans is an area where the carrier sees further room for expansion. He does not exclude interest in Slovenia and Serbia in the future. The great potential here is represented by the connection to the ports in Rijeka and Ploče.

„Over the last two years, ČD Cargo has significantly strengthened its orientation towards foreign markets and today it holds a" license "(directly or through subsidiaries) for operation in six European countries. For example, this week we have dispatched already the thousandth train since the beginning of the year under our own "license" in Germany. The basic goal is to provide international transport on behalf of ČD Cargo and to reach a situation where up to a fifth of the company's revenue will be collected from foreign transports,“ added Tomáš Tóth.