According to Georg von Nolcken, CEO of Continental Farmers Group, the decision to purchase its own grain wagons is the next logical step for the company after the acquisition of two new grain elevators. Continental expanded its storage capacities in Ivano-Frankivsk and Lviv regions in 2021 and 2024, respectively.
‘We continue to confidently implement our strategy of developing our own supply chain despite all the difficulties caused by the current situation in the country. After Continental solved the problem of the lack of elevator capacity and even created the opportunity to provide services for third parties, the acquisition of the wagon fleet allows us to continue to provide logistics for our own trading and develop this area of work properly,’ explained Georg von Nolcken.
Continental expects that after delivery of all 250 ordered grain wagons, the company will be able to cover a significant part of its annual demand for rail freight transportation with its own rolling stock. The remainder will continue to be met through freight forwarding services from external suppliers. The decision to further expand Continental's wagon fleet will depend on the level of efficiency of the chosen management model and market conditions in the coming seasons.