Investments Ensure Success

NELT: 25 Years of Successful Operations

The Nelt Group, one of Serbia’s most successful domestic business systems today, employs 4,000 people in 11 companies on as many markets in Southeast Europe and Africa. As a leader in the provision of state-of-the-art distribution and logistics services, the Nelt Group will realise consolidated net gains of €930 million in 2018.

The business successes that Nelt has achieved over the past 25 years are a result of constant investments in the improvement of services, the applying of new technologies and investment in staff education and development. 

In line with the principles of ethical, responsible and sustainable operations, expansion to new markets and further organic growth are planned. This year saw the start of business operations on the Albanian market, with the acquisition of the Tirana-based All Balkan Corporation. Two new strategic partnerships have also been established with Nectar and Nestle in the field of logistics services. Moreover, distribution on the markets of the Western Balkans of the brand Nutrino, which produces children’s food products at a factory opened in Dobanovci. This is a greenfield investment worth 34 million euros.

This year saw the Nelt Group invest 15 million euros in the regional expansion of integrated logistics services. There have been investments in the construction of two storage and distribution halls in Belgrade and Sarajevo, with a total capacity of 22,000m2 of warehousing and office space. The fleet has been increased with 30 new delivery vehicles. The capacity of the lorry terminal in Danilovgrad has been expanded on the site of company Montenomaks, which is a member of the Nelt Group. A freight forwarding sector has also opened in Macedonia.

It is planned for the digital transformation and automation of logistics processes to continue in 2019. WMS technology and standards applied in distributive logistics centres in the region will be implemented at all regional centres in Serbia. Moreover, there will also be investments in transhipment equipment and software at the intermodal freight terminal in Dobanovci.

Nelt continues its practice of reporting on sustainable operations in accordance with internationally recognised GRI methodology. Unlike the first report, which presented the operations of Nelt’s companies in Serbia, the second report on sustainable operations, entitled “Healthy Organisation”, has been expanded to all Nelt Group companies in the countries of the Western Balkans, presenting data from 2016 and 2017.

The group has entered a new epoch with a new visual identity and a new CSR strategy, which will include in its focus more room for the engagement of employees and joint projects with a broader social impact together with business partners. The company has offered its employees benefits such as care for new mothers, a company doctor or private health insurance and one-off financial assistance for family expansion, as well as compensation packages that stimulate employees in terms of dedication and efficiency, and which rewards them adequately for that.