DFDS: DFDS cuts staff in newly acquired Turkish unit

The freight company DFDS has laid off around 125 employees who worked in the newly acquired Turkish unit Ekol International Transport. In a statement, DFDS writes that the development is on schedule to reach breakeven by the end of 2025. DFDS acquired Ekol in 2024 and is now working on changes within its organization. "Our newly acquired Turkish transport company plays an important role in supporting Turkey's growth as a manufacturing hub and European trading partner. However, the company's financial performance is in need of a comprehensive turnaround that requires tough decisions," said DFDS CEO Torben Carlsen in a comment.