GEFCO KOREA

From supply to distribution, GEFCO provides global and integrated management and optimisation of the logistics chain for its industrial customers.

The presence of GEFCO

GEFCO with more than 65 years of expertise on the logistic market,  has a expading network of 41 subsidiaries, strengthened by trading partners and sales representatives that allow it to guarantee a presence in 150 countries. GEFCO is one of the top 10 European logistics integrators, and generated a turnover of €4.1 billion in 2014. In 2012  Russian Railways (RZD)  acquired 75 % of GEFCO  shares from PSA Group. This acquisition gives space for further development for GEFCO, as RZD has the No. 3.network with the biggest rail fleet all over the world. Also this year GEFCO signed 4PL contract with General Motors for Europe and Russia.

In 2015 GEFCO acquired IJS Global, a Dutch air and sea freight specialist forwarder company which clearly shows the future vision to strengthen the overseas activity and reach 1 BN EUR turnover by 2020.

GEFCO in South Korea

In 2015 GEFCO group, as the part of the medium term time strategy, opened a new subsidiary in Seoul, South Korea, which was a key point to develop the overseas business unit and achieve the target by 2020. GEFCO KOREA LLC is a joint venture of GEFCO and YJC Sinokor Logitech. With this background GEFCO Korea can enjoy the benefits of both networks which is a great advantage.  GEFCO’s success in Korea largely thanks to the “Glo-cal” approach, combining our international expertise, global network with local knowledge and talents to provide our customers the most integrated logistics solutions and high standard services. Combining resources of our shareholder Russian Railways and YJC Sinokor Logitech with the expertise of GEFCO and it’s network, it enables GEFCO to support customers more effectively and design tailor made solutions for their international development