HAKOM: New freight Carriers have an increasing Share in the Cargo Transport Market

PRESS RELEASE

The new carriers strengthened their position on the railway service market and re-expanded their share in the volume of goods transported and in the performance of tonne kilometres.

ZAGREB, March 7, 2018 - Data on the volume increase of goods delivered in the fourth quarter show that the liberalization of the rail services market has had positive impact on the development of the rail freight market in Croatia. New freight carriers have strengthened their position on the market, which is visible in the total share of goods delivered in the fourth quarter of 2017, which is 9 percent higher than the previous quarter and even 22 percent higher compared to the fourth quarter of 2016.

The total volume of goods transported by Croatian railways in the fourth quarter of 2017 is higher by 1% compared to the same period of the previous year, thus continuing with a positive trend in freight transport.

The fourth quarter was marked by the business activity of six of the seven freight carriers who have all the preconditions for carrying out the railway transport in the Republic of Croatia. Only one new freight carrier was not active during 2017, while other freight carriers noted a steady increase in business activity. Unlike private carriers, historical freight carrier has lowered its share of the market with as much as 85 percent in 2016 to 60 percent in 2017.

In the fourth quarter of 2016, the new freight carriers had a 15% share in total tonne kilometres while in the same period in 2017 the share increased to 28%.

Referring to the passenger rail transport the process of slowing down of the number of transported passengers is in decline In comparison to the fourth quarter of 2017 with the same quarter of 2016, 1 percent decline is evident, but compared to the last quarter of 2017 with the quarter before a growth of 26 percent is visible. The number of passenger kilometres achieved in the fourth quarter was lower by 4 percent compared to the same quarter last year, but also by 16 percent compared to the fourth quarter of the previous quarter.

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For additional information please contact:
Croatian Regulatory Authority for Network Industries (HAKOM)
Roberta Frangeša Mihanovića 9
10110 Zagreb, Croatia
Tel. + 385 (0) 1 700 70 07
Fax + 385 (0)1 700 70 70

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ABOUT HAKOM: HAKOM (www.hakom.hr) - Croatian Regulatory Authority for Network Industries – ensures preconditions for a fair market competition, stable growth and environment for innovations in the electronic communications and postal services market. HAKOM protects users’ interests and the possibility of choice among various communications and postal services at affordable prices, defines sustainable competitive conditions for operators and service providers under fair conditions for return on investment, and provides support to economic growth, public services and the quality of life in the Republic of Croatia by using modern technologies. HAKOM’ strategic goals are: to promote regulation of the electronic communications and postal services market, to support growth of investments and innovations in the electronic communications and postal services market, to provide efficient use of limited resources, to accelerate the growth of broadband products and services, to provide affordable offers of communications and postal services, to provide protection and informing of users, to build an efficient and comprehensive information system, to define and implement efficient processes, and to acquire multi-disciplinary competencies in market regulation.