Photo credits @ Raben Group

Raben Group’s 2024: €2.15 billion revenue and expansion into Switzerland

Raben Group reported €2.15 billion in revenue for 2024, an increase from nearly €2 billion in 2023, while expanding its European operations, including entering Switzerland as its sixteenth market and investing in infrastructure across multiple countries despite economic challenges.

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Raben Group concluded 2024 with a focus on reinforcing its European operations, despite economic and geopolitical challenges. The company reported revenue exceeding €2.15 billion, an increase from the nearly €2 billion recorded in 2023. Road transport remained the dominant segment, accounting for 65% of total revenue, followed by contract logistics (13%), full truckload and intermodal (9%), fresh logistics (7%), and smaller shares in other sectors.

One of the main developments of the year was Raben Group’s entry into its sixteenth market, Switzerland, through a partnership with Sieber Transport AG. The newly established Raben Sieber AG is scheduled to begin operations in the second quarter of 2025, expanding Raben’s groupage network in Europe.

The company also made infrastructure investments across several European countries. In Poland, Raben completed the expansion of cross-dock terminals in Cholerzyn and Kalisz and opened a new terminal in Białystok. Additionally, it launched two major contract logistics centres: a 44,000 m² warehouse near Poznań and a 110,000 m² logistics complex in Wiskitki, near Warsaw. The Wiskitki facility includes advanced temperature and humidity controls, as well as the largest Mitsubishi heat pump installation in Europe.

Strengthening the network across key markets

In Germany, Raben opened a new depot in Neutraubling near Regensburg, featuring a 4,600 m² warehouse capable of handling 45-50 trucks per day. The company also expanded in Lithuania, relocating its Kaunas facility near the country’s main A1 motorway. In Greece, Raben began constructing a near-zero-emission logistics centre in Thessaloniki, an investment of €10 million.

Meanwhile, Italy and Austria were fully integrated into Raben Group, rebranding under the company’s name and expanding international transport routes. Austria focused on rail transport, while Italy introduced new routes to Germany, Poland, the Czech Republic, Austria, the Netherlands, and France.

Adapting to market challenges

Raben Group operated in a difficult economic environment in Western Europe, characterised by weak GDP growth and declining consumer demand. The company also faced increased operational costs due to new sustainability policies and regulatory changes. In Ukraine, despite the ongoing war, Raben maintained road transport and expanded infrastructure to support local distribution.

Looking ahead to 2025, Raben Group expects market conditions to remain challenging. The company plans further investments in Romania and the launch of new depots in the Czech Republic and Slovakia. It also anticipates operational improvements with the full opening of EU border crossings with Romania and Bulgaria. 

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