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The geographic location of Latvia has given it strategic hub status as the gateway to Russia and Middle East Republics, and the importance of its transit, transport and logistic sector is demonstrated by the fact that it generates around 17% of Latvian GDP.
The transit, transport and logistics industry has been declared a priority sector by Latvian government. In recent years, transportation and logistics infrastructure has been improved and developed in Latvia. Latvia’s cost structure and tradition in transport and logistics services, ensure a competitive advantage for companies in the Value Added Logistics (VAL) sector.
The large global and European international transport companies have a leading position in the Latvian transport industry. They operate, either in the form of a joint venture with Latvian companies, or as independent subsidiaries in Latvia.
Nurminen Maritime Latvia Ltd is owned by Nurminen Logistics Plc (51%) and the company’s acting management (49%).
The history of Nurminen Logistics Plc begins in IX century under it`s first name John Nurminen. The name John Nurminen derives from its`owner called Johan Nurminen who starts to do business in the timber trade in 1886 and opens a general store selling chandlery goods and imported products.
On 7 September 2007, John Nurminen Oy announces that it will demerge and list its logistics operations – Rail Services, Customs Clearance Services, Cargo Handling and Value-Added Services, Special and Heavy Transports and care logistics operations –on the Helsinki Stock Exchange under the name Nurminen Logistics on 1 January 2008.
Nurminen Logistics is a strongly growing logistics company whose goal is to be the best company in the industry in its market area.
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