Gefco Group and Ferronordic Machines signed a signed a memorandum of cooperation to implement mutually beneficial cooperation in the logistics of finished products, materials, components and other industrial equipment in 4PL format using modern logistics technologies and practices, including Gefco’s own know-how and logistics solutions.
Under the new agreement, the companies will develop long-term partnerships in the field of integrated logistics in the 4PL format, including the extension of current contractual relations. In addition, the new agreement also involves adapting the model for cooperating on integrated logistics services, analysing the structure of freight flows, developing proposals for the further effective alignment of supply chains and developing high-tech interaction.
In cooperation with Ferronordic Machines, Gefco Group will develop best practices in the organisation of multimodal transport in international traffic and a centralised management system for the provision of spare parts and consumables for after-sales service, as well as electronic document management systems.
Ferronordic Machines is the authorized dealer of Volvo Construction Equipment and Terex Trucks in Russia and it is the largest and only federal dealer in Russia and operates throughout the country with 76 outlets in all federal districts.
The two companies develop a long-term collaboration and, under a five-year contract signed in 2015, Gefco Russia is responsible for integrated logistics services, the organisation of the company’s logistics flows and the transport of goods.
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