InterEast is increasing traffic to and from Macedonia with departures every week. The country’s history, infrastructure and extensive experience in textile production combined with a favourable geographical location, makes Macedonia an attractive producer for the fashion and clothing industry across Europe. “We’re counting on many new customers now that an increasing number of garment manufacturers…
Oscar Törnqvist takes the reins as CEO – new focus on digital shipping solutions in Europe
Oscar Törnqvist is stepping into the role as InterEast CEO. He has his sights on taking shipping into the future through digitalization, and to establish offices in new countries.
“This is an incredibly exciting opportunity and a challenge – to continue to build the company in a directly decision-making capacity. Leading digital growth in the industry is a central component in InterEast’s strategy for the future, as well as expanding to new destinations,” says Oscar Törnqvist, InterEast’s new CEO.
The time has come for the next Törnqvist, Oscar, to take over after Peder as CEO of the 25-year old DI Gasell company InterEast. A natural extension of new leadership is a new growth strategy.
“The transportation and logistics industry is affected by digitalization in every way – just like any other industry. Digitalization is therefore imperative to InterEast’s continued growth. To give an example, integrating automated booking systems into customer business systems is one way in which to stay relevant in the industry and grow. Our new efforts, by extension, will also bolster our position as an advisory partner and resource for shipping expertise.”
Three new markets
InterEast’s performance target is an annual growth rate of 15 per cent, which the company seeks to achieve by extending to other European markets the same shipping and logistics solutions that have proven to be successful in places like Romania and Turkey.
“We see great potential primarily in destinations such as Germany, Poland, and the Netherlands. Initially, we will focus our efforts on applying our own traffic resources and, in doing so, function as a traffic-driving carrier and meet the increased demand we are seeing from our existing customers. Our long-term objective is to open local offices in all three countries. The experiences we have harvested in Romania and Turkey have shown us how to best gain full control in foreign markets”
Second generation InterEast
Oscar Törnqvist has solid professional credentials in the shipping and logistics sector where he previously worked as shipping agent, project manager, and trade lane manager at DHL. Since returning home to Sweden and InterEast seven years ago, he has been head of operations and deputy CEO, working closely with his parents, InterEast founders Karin and Peder Törnqvist.
“Together, we have charted a clear course for the company and for my transition to CEO. I have learned a lot about how to optimise delivery shipping and logistics processes from my parents over the years. It is an incredible feeling taking over the reins of a company that my parents founded over 25 years ago.”
InterEast is turning 25 and celebrations will include inviting all of its employees from Romania and Turkey to a grand anniversary celebration in Gothenburg. “It’s fantastic that we can celebrate together. We’ve come a long way since the beginning and now our goal is to be Sweden’s biggest family-owned forwarding agent,” says Peder Törnqvist, founder…
InterEast has been nominated for the Di Gasell award by business daily Dagens Industri, confirming that it is one of Sweden’s fastest growing companies for the second year in a row. “This is both honouring and inspiring. Above all, we must thank our very capable employees, our customers and the trust they place in us,”…
InterEast has enjoyed strong growth for many years, and in 2015 the business met the requirements for nomination to the Di Gasell Award. In 2016, the focus was on quality assurance and consolidation, and the increase in growth levelled off. InterEast has now raised its sights again for the years ahead, including expanding into a…