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Logistics
Looking to invest in Logistics in Greece? Our advisory services related to investing in Greece can help you make the most informed decision possible.
The Greek logistics sector is one of the most active sectors of the Greek economy, offering opportunities for investments.
Investing in the Greek logistics sector offers a return on investment both now and into the foreseeable future. The industry has seen strong growth in recent years, led by investments in new technologies and massive increases in spending on new goods and services.
Advantages
The Government of Greece is supportive of the logistics industry, with offerings such as tarmac, meals, and taxes all being reduced significantly. At the same time, the industry has faced significant challenges, including the ongoing eurozone crisis, product recalls, and exchange rate fluctuations. However, with the support of investors, businesses, and consumers, the Greek logistics industry has overcome these challenges and is now one of the most attractive in Europe.
With its strong safety and quality standards, trusted brand awareness, and growing demand, the Greek logistics sector is now one of the most attractive investment opportunities in Europe. Investors are able to acquire full ownership of fast-growing companies with relatively small amounts of capital. Also, the industry has shown a remarkable ability to adapt to changes in the market, which has generated positive returns for investors.
The following are some of the key advantages of the Greek logistics sector that make it an attractive investment opportunity.
Branding and reputation
At first glance, the shipping and logistics industry might seem like a competitive market, but it is actually a very good place to build a brand. Many prominent companies have built dominant brands in their respective categories. For example, UPS is well known for its brand of brown trucks, and the company has invested significantly to maintain its dominance. Similarly, the DHL brand is well known for its breakpoints and worldwide delivery network.
To build a strong brand identity, companies in the logistics sector should consider ways to stand out from the competition. Some companies do this by incorporating art into the design of their trucks, while others choose to stick with a simple brand logo. Similarly, consolidating the position of the brand on the delivery route is also important to build a strong brand identity.
Novel concepts
The logistics market is full of innovative concepts that can be used to deliver a better service for customers. One of the latest trends is the push for greater sustainability in shipping. The trend has been called “green shipping,” and it is becoming increasingly popular. Companies are investing in green technologies, and many of them are making progress in reducing their carbon footprint.
Additionally, the industry is full of cost-saving ideas that are just waiting to be implemented. For example, companies are increasingly investing in smart, connected vehicles. These vehicles are not only more efficient, but they also enhance safety and security by sharing data between vehicles and their owners.
The sector is also full of first-time technologies that are being adopted, especially by companies in the Health and Wellness sector. These companies are optimistic that their brand identities will stick around for years to come.
All in all, the logistics market is a buyers’ market. The days of heavy competition are over, and buyers have much more power. Competition among sellers is increasing, and it is likely that more sellers will seek to eke out a niche and become successful. However, buyers can take advantage of the situation and offer more choices, including alternative solutions, to sellers.
Why Logistics in Greece
Competitive Freight Costs
The geographical position of Greek ports allows the offering of competitive sea freight cost for transported containers, while offering access to a set of growing economies in the broader region.
Transport Infrastructure
Continuing investment in road and rail infrastructure means that Greece’s major ports are now directly interconnected with modern road and rail links, facilitating intermodal transport of cargo onwards to their final destination quickly and cost-effectively.
Advantageous Location: Greece is part of the EU’s Orient/East-Med Corridor that connects the maritime interfaces of the North, Baltic, Black Sea and Mediterranean.
World Champion Shipping Sector: Greek ship owners control the world’s largest merchant fleet.
Know-how and skilled labor – Greek manufacturing and maritime tradition ensures the availability of skilled logistics and assembly employees for the staffing of local distribution centers.
Efficient global logistics providers: Several global 3PL providers such as Kuhne & Nagel, DHL, Schenker, Geodis, Panalpina, and Express are currently operating in Greece, Recently, a logistics network funded by the Hellenic Federation of Industries (SEV) has been created, to improve collaboration between logistics providers and the rest of the Greek economy.
Main investment opportunities
• Investments in Greek ports
• Rail and road transport investments
• Logistics centers
• Assembly and quality assurance facilities
Greece is an advantageous location for logistics investment due to its prime location in the EU’s Orient/East-Med Corridor. The corridor connects the maritime interfaces of the North, Baltic, Black Sea and Mediterranean.
The country’s strategic location, combined with its well-developed transport infrastructure and skilled logistics workforce, provides a strong basis for logistics investments. The majority of Greece’s exports are transported by road, while the country’s ports are also important transportation hubs. Investments in Greek ports can thus provide access to key markets in the region.
Road and rail transport investments are also attractive, as Greece’s transport infrastructure is well-developed. The country has a dense railway network, which connects all of the major cities. Additionally, Greece is connected to the rest of Europe via an extensive road network. This allows for the transportation of goods to and from the country quickly and easily.
Logistics investments in Greece thus provide opportunities for companies looking to access key markets in the region. Additionally, Greece’s well-developed transport infrastructure and skilled logistics workforce provide a strong basis for logistics investments.
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