The city of Sochi has 63 publicly funded projects scheduled for completion by 2012, requiring more than 100 million tons of infrastructure materials to be transported to the city, K + N said. The company's new facility is near Sochi's international airport and a new sea-river port under construction. Teams in Sochi and at K + N's hub in Vienna will coordinate shipments by road from Europe. The company said the facility would remain after the Olympics.
'The city of Sochi is located in the region of Krasnodarsky krai on the Black Sea Coast, an area which is considered the third-largest consumer market in Russia, and thus offers much potential for the future,' the company said.
K + N didn't specify the size of the logistics center.