Date: 20/11/2018

NELT: Business Expansion and Focus on the Logistics Services

Celebrating two and a half decades of successful business, Nelt invested 15 million euros this year in the regional expansion of integrated logistics services.

Today, Nelt employs over 4,000 people in 11 companies, in as many markets in South East Europe as Africa and will generate a consolidated net income of EUR 930 million in 2018.

In the year that marks a significant jubilee, the transformation of the management structure of Nelt Group has been made and business has expanded into new markets. Nelt Group recently launched business operations in the Albanian market, the acquisition of All Balkan Corporation from Tirana. Nelt also made two new strategic partnerships this year with Nectar and Nestle. Also, in the markets of the Western Balkans, the distribution of the brand Nutrino, the product of the “Baby Food Factory”, opened last month in Dobanovci, is a partnership Greenfield investment worth EUR 34 million.

“The leadership position and the success we have been achieving for 25 years is the result of our constant investment in the improvement of services, the application of new technologies, and investment in education and employee development. In accordance with the principles of ethical, responsible and sustainable business, we plan to expand into new markets and further organic growth. In addition, we are also focusing on local community education projects, which is why we are recognized as an important member of the wider community, “ said Miloš Jelić, General Manager of Nelt Group.

Nelt continues the practice of reporting on sustainable business in accordance with the internationally recognized GRI methodology. The Second Sustainable Business Report “Healthy Organization” has been extended to all Nelt Group companies in the Western Balkans, and presents data from 2016 and 2017.

Thanks to outstanding business results, Nelt is listed as one of 100 most successful companies in Southeast Europe.