On Tuesday, Perry Neumann, erstwhile Managing Director of Kuehne+Nagel, ushered in 40 years in the logistics industry with a special announcement on LinkedIn on the launch of a new entity — NOYTECH.
“I’m utmost glad to announce that we were able to successfully finalise our management buyout (MBO) with Kuehne+Nagel. All activities in Russia, Azerbaijan, Belarus and Kazakhstan are now operating fully independently under the new brand ‘NOYTECH Supply Chain Solutions’, complemented by various NOYTECH sub-brands,” Neumann’s LinkedIn post read.
He added that the entity aimed to become the most reliable yet internationally minded Logistics Service Provider (LSP) in the Russian and Commonwealth of Independent States (CIS) market.
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