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Jerich International: A Holistic Approach To Logistics
Newsweek Europe
|October 21, 2022
International investors' appetite for Austrian assets strengthened considerably in 2021, with 133 inbound M&A deals, up nearly a third on 2020 and the highest level since 2015, according to global professional services company EY. Overall, deals with Austrian involvement - including all deals in Austria and those overseas by Austrian businesses - totalled 293, up 6.5% on 2020, generating total publicly-announced value of €9.1bn. Strategic investors dominate the Austrian market, EY reported, and sectors that attracted particularly high deal volume in 2021 included real estate, industry, and technology. The strong performance of inbound dealmaking in particular has underlined Austria's many competitive advantages as an investment destination, including its location at the heart of Europe, excellent infrastructure, and highly-skilled workforce.
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These advantages have helped foster one of the world's most innovative industries logistics Standing between the affluent markets of Western Europe and the fast-growing economies to the east, Austria's logistics players are perfectly-placed to benefit from the post-covid recovery. In June 2022, global real estate company CBRE stated that Austria's logistics property sector had been "experiencing a transformation", with a record of new projects coming on stream, thanks to a boom in demand.
Jerich International has been at the forefront of this dynamic industry for more than half a century. A holistic logistic solutions company, it provides logistics from the first producer to the end customer, through many modes of transportation, including rail, truck, and ocean freight, and including warehousing. This allows it to provide a complete logistics solution to its clients and their customers.
This story is from the October 21, 2022 edition of Newsweek Europe.
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