Containers, Estonia, Good for Business, Port, Transport

According to CEO Vladimir Popov, the terminals' operations have started to increase but they have yet to reach their planned goals. Geopolitics and the low purchasing power of the Russia market are still affecting the situation.

"At the same time there is reason to look to the near future with optimism because thanks to a project carried out in cooperation with the Port of Tallinn and Tallink - transferring the freight vessel Sea Wind from the Old Port to Muuga as of October -- our company's freight turnover can start to grow," he said.

The Muuga container terminal of Transiidikeskuse AS handled 18,600 twenty-foot equivalent units (TEU) of containers, 6.1% more than in the same month a year ago. The tonnage of goods transported in containers increased 7%, the company said on Wednesday.

According to Popov, the company is ready for growth. "On the technical side our terminal is capable of serving necessary freight flows," he said.

Popov added that the company will continue to look for ways for increasing freight flows between the North and the South.

Transiidikeskus is a specialized container and general goods operator in the harbor of Muuga just outside Tallinn.