Instar Logistics held an internal midterm conference with Instar overseas offices in Barcelona,
Spain. The conference provided a management meeting from the newly started Spanish
subsidiary (with offices in Madrid, Barcelona and Valencia), Belgium, Georgia, Mozambique,
South Africa, Germany and the new project office located in Dubai.
The company representatives discussed the development progress of the established offices.
Georgia already has positive cash flow and a good financial result for the first 6 months of
2015. Spain has proven the most developed of the newly formed businesses within the Instar
Group with almost 20 people working in its three offices. They are looking forward to a
positive financial result at year end.