Port of Vienna celebrates record profits and investments worth millions!

Port of Vienna celebrates record profits and investments worth millions!

ThePort of Viennahas closed the 2024 financial year with impressive figures. As the Economic time reported sales of58.8 million eurosgenerated, which represents an increase compared to the previous year. In addition, the operating result increased by4.3 percenton about9.1 million eurosbe increased. This speaks for a positive economic development of the port, which is considered a central contact point for international trade and transport routes, especially for the North Sea ports.

TheVienna Holdinghas invested heavily in the future of the port. Around21 million eurosflowed into projects to promote competitiveness and sustainability. The finance and economic city councilorBarbara Novakemphasized the importance of the port for Vienna's security of supply and announced that further...10 million eurosinvestments should be made in infrastructural development and digitalization. These measures will further strengthen the port's position and increase its attractiveness as a logistics hub.

Growth and innovation

There are currently about200 companiessettled around5,000 jobsoffer. This number shows how important the port is for Vienna's economy. Transshipment development was particularly encouraging: transshipment activity increased in the port of Freudenau55 percent, the water side envelopes even about over200 percent. In 2024, the cargo ports of Lobau, Albern and Freudenau were in total1,044,000 tonsGoods handled, an increase of6.8 percentcorresponds.

The subsidiaryViennaContalso achieved notable success. Your sales grew by5 percenton20.3 million euros, accompanied by an increase in container units handled470,000. The container repair sector in particular grew39 percent.

A further step towards digitalization is the newRails OCR Gate Projectwhich is intended to improve container train handling. From 2024, all vehicles will also be at the terminalHVO 100 fueloperated, which increases the sustainability of the operation. The photovoltaic system was also expanded so that now25 percentto meet the electricity requirements.

Focus on logistics properties

In the warehouse logistics area, sales amounted to6.4 million eurosachieved, which represents a remarkable increase of around55 percentcorresponds. This growth is due to orders from existing major customers. The utilization of the storage space is currently average95.5 percent, a significant increase compared to86.1 percentin the previous year. Goods stored in the port range from train components to waffle machines.

In view of competition and the growing need for logistical solutions, the port area is continually being developed. In recent years, however, the lack of space in many ports has also become an issue in Germany. According to information from Logivest The revitalization of brownfields and the creation of new areas are essential for the future of logistics.

The positive development of the Port of Vienna is a sign that large projects and investments can also be expected in the future. The planned investments in the infrastructure and the expansion of the Freudenau Container Terminal suggest that the Port of Vienna is well on its way to further expanding its central role in European logistics.