Militzer & Münch founded the joint venture with Serbian logistics company Invictus System Transport & Logistics D.O.O. to further develop its network in the Balkans. It has one office is in Dobanovci – an industrial zone near Belgrade – and the other is at Leskovac, in the south. In Dobanovci, M&M Serbia is currently renting a 1,000 square meter storage area for customs clearance services, and constructing anr own warehouse and office premises at this time. The property will cover 10,000 square meters. In May/June 20220 they will already be able to take into operation the first 5,000 square meters.