Bremen-based international transport and logistics company Hansa Meyer Global has opened a new branch – the fourth it has added this year – in Azerbaijan.

The Baku office will focus on engineering equipment as well as the oil and gas market. Inna Azizova has been named director of operations at the new site, while Samir Azizov has been appointed managing director.

Henrique Wohltmann, managing director in charge of the company’s Asian project logistics activities, said: “We see great potential for the site between the Caspian Sea and the Caucasus. The market is developing and is announcing more and more tenders. With the commitment of our local experts, we can operate more personally and effectively on the market.”

Hansa Meyer Global now has 24 branches. Besides Azerbaijan, it has also opened offices in Turkey and the Netherlands this year. These latter two are part of “a sales offensive focused on the supra-regional development of project logistics and NCL (non-containerised load) for the Benelux and Middle East regions”, according to a statement.

The company has been expanding in other areas, too. For instance, it has founded a joint venture with long-time partner PT Sarana Penida under the name Hansa Meyer Global Indonesia in Jakarta, to intensify its activities in Asia.

In addition, work is under way on developing a smart database. Initially aimed exclusively at regular customers, the platform is set for launch in 2020 and aims to improve efficiency, transparency and decision-making processes for the benefit of all stakeholders across the supply chain.

In October, Hansa Meyer Global forecast annual sales of EUR165 million (USD182.6 million) for the group, an increase of more than 15 percent compared to last year.

Projects in Europe and Central Asia are among the contributing factors to this positive outlook. Plus, the company is now among the small group of heavy-duty logistics companies registered to work with the USA’s National Aeronautics and Space Administration (NASA).

Wohltmann and Hansa Meyer Global managing director Marc-Oliver Hauswald said: “We see ourselves as being in a stable position for the future.”