EGYtrans Board Approves Substantial Capital Increase for Automotive Subsidiary

Mona Yousef

EGYtrans, a leading Egyptian transport and logistics solutions provider, has announced a significant capital enhancement for one of its key subsidiaries. According to a recent bourse disclosure, the company’s board has approved increasing EGYtrans Automotive Solutions’ capital from $200,000 to $1.5 million, representing a 650% increase.

The decision was finalized during a board meeting held on February 23rd, 2025, chaired by Abir Leheeta, CEO of EGYtrans. Under Leheeta’s leadership, the company has pursued an aggressive growth strategy focused on strengthening its specialized service divisions.

“This capital increase represents our commitment to developing world-class automotive logistics capabilities,” commented Leheeta. “We see tremendous potential in this sector and are positioning EGYtrans Automotive Solutions to capitalize on emerging opportunities.”

Established in 1973, EGYtrans has built a comprehensive portfolio of transport and logistics services throughout Egypt. The company specializes in sea freight, air freight, consolidation, warehousing, exhibitions, project logistics, and specialized transport solutions. Their service offering extends to customs clearance, packing, and land transportation, positioning them as a full-service logistics provider in the Egyptian market.

This capital injection is likely to enhance EGYtrans Automotive Solutions’ operational capabilities and market position within Egypt’s growing automotive logistics sector. The substantial increase suggests confidence in future growth opportunities and potential expansion of the subsidiary’s service offerings under Leheeta’s strategic direction.

You may also like

Leave a Comment

Top 50 Women Forum is the first platform in Egypt to work exclusively on empowering women professionals, with the purpose of strengthening their contribution development & decision-making processes.

Top 50 Women Forum is the first platform in Egypt to work exclusively on empowering women professionals, with the purpose of strengthening their contribution development & decision-making processes.

©2024 COPYRIGHTS BY EXLNT COMMUNICATIONS All Rights Reserved.