Are any particular countries in Europe more vulnerable to the current economic situation?
Kalle Grönqvist: The logistics markets in Western Europe experienced bigger drops in revenues than Eastern Europe. Significant export and import hubs such as The Netherlands and Belgium, and major exporters such as Germany, in Western Europe will continue to be vulnerable to changes in world trade. In Southern and Eastern Europe, there are a few countries whose logistics industries are also vulnerable, but these would be due to high public debts and reliance on foreign direct investment.
