Business performance of Luka Koper in the first half of 2020

25.08.2020

The first half was marked by the pandemic, but also by intensive investments.

The operations of the Luka Koper Group in the period January – June 2020 were mainly marked by the pandemic, which had a strong impact on trade flows on the global scale. A comparison with other   selected ports across Europe shows that the effect of the pandemic in the northern Adriatic region was less adverse than elsewhere. »In the sphere of container freight, it was clearly perceived that Koper and the neighbouring ports were not confronted with shipping line cancellations that the northern European ports had to face. And as far as the number of handled cars is concerned, in the first half of the year we even overtook both Spanish ports which are comparable to Koper in terms of cars throughput volumes«, noted Dimitrij Zadel, president of the management board of the Port of Koper.

As it is difficult to predict to what extent the epidemic will affect business by the end of the year, we closely monitor developments in the hinterland markets and, at the same time, take measures to ensure access to a sufficient amount of liquid assets to overcome these impacts. »Owing to its low indebtedness, the company is financially stable and therefore, we continue to implement our key development projects, especially the extension of Pier I and the container quay, as well as the construction of a new garage and the new entrance to the port,” concluded the president of the management board Zadel by summarizing the most important investments that are currently under way.