The Rhenus Group has opened another office in South Korea – in Busan after launching into the market in November last year.
The global logistics firm will mainly provide air and sea freight services from the site, while the office will also handle project business for the oil and gas industry, provide third-party logistics services and operate domestic services.
Rhenus board member responsible for Asia, Tobias Bartz says: “We now have our own branch in the south of the country in addition to the capital Seoul. We can offer our logistics services from here and continue to broaden them. The new business site therefore matches the ongoing expansion of our Asian network.”
Busan is South Korea’s second-largest city after Seoul and is located on the south-eastern tip of the Korean Peninsula on the Sea of Japan coast. The port city has one of the largest container ports in the world. Busan is also one of the leading industrial cities in the country with a strong focus on shipbuilding and heavy industry.
In addition to trade with Europe, Busan is also an important port hub for traffic to Japan and Greater China.
The Asia-Pacific region is a huge driving force for growth and Rhenus has been investing in there by opening new business sites for several years.