Gebrüder Weiss takes over Serbian company Eurocargo

CEO Wolfgang Niessner said: "By taking a majority holding in Eurocargo, we are
not only strengthening our local and regional organisation, we are also sending a clear signal that
we are consistently pursuing our strategy in order to position GW in the long term as a superb
provider of logistics solutions in Central and Eastern Europe."
Eurocargo currently employs 100 people and achieved turnover in 2008 of 7.5 million euros or
approx. 700 million dinars. The company operates sites in Dobanovci and Leskovac, as well as
customs offices on the borders with Hungary and Croatia.
Regional Manager Erich Schafer added: "Serbia is a hub and pivotal point in the Balkan region
and this purchase is another important step in GW's expansion in south-east Europe. We are
pleased to welcome a professional company like Eurocargo, with experienced and skilled
employees, under our group roof."

Enhanced portfolio of services
Together Gebrüder Weiss and Eurocargo employ approximately 130 people in Serbia. In addition
to the existing portfolio of services - international and domestic mixed cargo shipments, Air & Sea
services, distribution and procurement solutions and customs clearance - it will now also be
possible to offer services in the field of warehouse logistics (including dangerous goods), and
customs clearance through the company's own border offices in Serbia. Dragan Simovic,
Eurocargo's Managing Director commented that "This alliance confirms the good work we have
done in recent years and means genuine added value for our customers, who now have access to
Gebrüder Weiss's global network and superb quality standards."
The official merger of both firms is scheduled for 1.1.2010. By this date GW's 30 employees will
also have moved into the newly built Eurocargo building in Dobanovci. It has been agreed that the
sale price will not be disclosed.

The Gebrüder Weiss Group
In total the Gebrüder Weiss Group, headquartered in Lauterach, Vorarlberg, Austria, employs a
workforce of 4,500 at 137 locations worldwide. In Central and Eastern Europe, GW is represented
in Austria, Switzerland, Germany, the Czech Republic, Slovakia, Hungary, Slovenia, Croatia,
Serbia, Bosnia-Herzegovina, Macedonia, Bulgaria, Romania and the Ukraine. In the 2008
financial year the logistics company's turnover was 985 million euros.