GEFCO Slovakia, a provider of logistics services for various manufacturers, closed its 2011 fiscal year with turnover of €80.8 million, an increase of 4.2 percent compared with 2010, the company said in a press release.
On January 3 this year Gefco Slovakia acquired the status of an Authorised Economic Operator (AEO), type F – simplified procedures and safety – after passing an external financial, security and customs reliability audit required under regulations promulgated by the European Commission.
“Obtaining the status of an Authorised Economic Operator confirms that Gefco Slovakia is a reliable business partner not only for customs authorities in EU member states but mostly for its old and new business partners,” stated Peter Harach, manager of the customs department at Gefco Slovakia, as quoted by the American Chamber of Commerce in Slovakia (AmCham).
“We perceive the AEO certificate as a competitive advantage that will, together with the upcoming complete adoption of the new customs legislation within the European Economic Community (Modernised Customs Code and the code’s implementing regulations), provide us with a significantly better position in the competitive environment of providing logistics services,” Harach stated.
Gefco has six key areas of business: logistics, its modular GefBox System, overseas, overland, vehicle distribution and customs and tax representation.
It started its operation in Slovakia in 2004 primarily to provide services to the PSA Peugeot Citroën auto assembly plant in Trnava but it now also has branch operations in Trnava, Bratislava, Kechnec, Poprad and Žilina.
The Slovak subsidiary is part of the international Gefco group based in Paris, which is a wholly-owned subsidiary of PSA Peugeot Citroën.
