JTM Group aims to quintuple revenue to 500 million by 2031 with entry into the Middle East

JTM Group aims to quintuple its revenue to 500 million euros by 2031, expanding into the Middle East with operations in Saudi Arabia and the UAE. The company plans to invest between 2.7 and 3.5 million euros over the next five years through a joint venture, JTMILE, with Silk Mile. This expansion is expected to generate 25 million euros in revenue from each market. The strategy aligns with the region's economic transformation and infrastructure investments, particularly under Saudi Arabia's Vision 2030. JTM Group will now operate in eight countries and 14 cities globally, focusing on logistics and transportation solutions.