DHL would spend EUR20 mil next year to build three new processing centers in Russia

DHL (USA) stated on November 11, 2004, it would spend euro20 mil (USD25.6 mil) next year to build three new processing centers in Russia. It is planned to build a 10,000 square meter, euro9.5 mil euro terminal in the Moscow region, close to Sheremetevo airport (Moscow, Russia) and one each in St. Petersburg and Samara. DHL preferred to leased small-scale warehousing facilies before but lack of supply of large-scale facilities forces it to start new construction. DHL plans operations in Russia will grow by 50percent including 60percent for inter-Russian deleveries. TNT (Netherlands) reported 33percent growth of operations in Russia in 2003 mostly due to logistic services rendered to the top international companies, i.e., Sony (Japan), Lucent Technologies (Korea), and Hewlett-Packard (HP) (USA).