March 23 - Gebr

"In light of the difficult economic situation in Europe, we are very satisfied with this annual financial statement," said chairman of the Gebrüder Weiss board Wolfgang Niessner.

The company's chief financial officer Wolfram Senger-Weiss commented: "The continuous network extension into Eastern Europe and towards Central Asia is part of our strategy. With the market entrance into Russia and our newest locations in Turkey and Georgia, over the past two years we have been able to close a geographical gap in our network."

As well as moving into a new head office premises, Gebrüder Weiss also opened a new logistics terminal at its main site in Lauterach, Austria, as well as launching new forwarding terminals in Wels, Austria and Sofia, Bulgaria.

The company handled a total of 10.6 million shipments via land transport in 2014, which Gebrüder Weiss says highlights its increased focus on multimodal transport solutions - a concept it plans to develop further as the company expands in Asia.

Gebrüder Weiss' air and sea business unit also posted annual growth of more than 12 percent, which the company attributed both to the formation of an automotive logistics joint venture in China, as well as a number of special transports handled by its projects and breakbulk division.