German terminal operator launches major cost-cutting initiative

Hamburg's big terminal company HHLA aims to reduce its costs significantly over the coming years, chairwoman explains. The company has suffered under the coronavirus crisis in 2020.

Photo: PR / HHLA / DIetmar Hasenpusch

Hamburg's biggest terminal company, HHLA, now launches a comprehensive cost-cutting program in light of the Covid-19 pandemic.

Throughout 2020, the global pandemic has made a big dent in earnings at HHLA, which also owns real estate. And this has now led the company to review its costs.

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