The year 2025 was both successful and highly dynamic for the Luka Koper Group. Conditions in global logistics required a high degree of adaptability and a well-considered response from the Company. Uncertainties along key maritime routes persisted, with shipping lines largely maintaining longer sailing routes around Africa. Despite these challenges, the Group maintained stable operations, successfully managed fluctuations in vessel arrivals, and addressed pressures on storage and hinterland capacities. Infrastructure works on the railway network in Slovenia and the wider region also had a significant impact on operations. Nevertheless, through coordinated efforts and a flexible service approach, the Company maintained the reliability of its services and achieved cargo throughput growth across key cargo segments.

The Company’s strong performance is also reflected in its financial results. In 2025, net sales revenue amounted to EUR 380.3 million, representing a 15% increase compared to the previous year. Earnings before interest and taxes (EBIT) reached EUR 96.3 million, up 44% from 2024. Net profit increased to EUR 81.5 million, marking a 35% year-on-year growth. Despite higher operating costs, the improved results were driven by increased revenue from cargo handling services, particularly in the container and automotive segments, as well as the strong performance of associated companies.

The Company exceeded its targets in both of its strategic cargo segments. At the Container Terminal, a new annual record was achieved with a throughput of 1.27 million TEUs, representing a 12% increase compared to 2024. This growth was primarily driven by new business from hinterland markets and adjustments to shipping services from the Far East and the Mediterranean. At the Car and Ro-Ro Terminal, throughput reached 914,817 units, a 3% increase compared to the previous year. The growth was mainly the result of higher vehicle imports from China and increased exports to Mediterranean countries. Total maritime cargo throughput amounted to 23 million tonnes, remaining at the same level as in 2024. At the same time, the share of rail transport (modal split) increased to 51%.

“Over the years, we have repeatedly demonstrated that we have a flexible port business model that enables us to successfully manage fluctuations resulting from changes in the business environment. Last year’s business results are even more remarkable considering that they were achieved during an exceptionally intensive investment period which has brought numerous operational and process-related challenges to port activities,” emphasized Nevenka Kržan, President of the Management Board of Luka Koper, upon the publication of the Annual Report.

Major investments underway

In 2025, the Port of Koper accelerated the implementation of an extensive investment cycle that will continue through 2028. One of the key projects is the expansion of the Container Terminal, which includes the construction of new quay structures with two berths, as well as additional storage and handling areas. Upon completion of all planned investments, the terminal’s annual capacity will exceed 1.8 million TEUs. Another major investment is the construction of a multi-storey parking facility with capacity for 11,700 vehicles, which will further strengthen the capacities of the Car Terminal. Other significant projects include the construction of a new berth in the Basin II and a modern automated warehouse for steel products, which will be largely energy self-sufficient. Both projects are scheduled for completion and commissioning later this year. During 2025, the Company also completed a number of infrastructure and technology projects, including a new Passenger Terminal, additional vehicle storage areas, and upgrades to logistics equipment.

Sustainability remains at the core of the Company’s business strategy

In 2025, the Port of Koper invested EUR 50.5 million in projects related to managing sustainability impacts, accounting for 38% of all capital expenditures. The Company continued the electrification of its equipment, the introduction of energy-efficient technologies, and the expansion of renewable energy sources. The total installed capacity of solar power plants within the port reached 5.8 MW. A major milestone was the construction of a new power distribution substation which will enable the further electrification of the port, including the provision of shore power for vessels. In the coming years, this will significantly reduce emissions generated by ships while berthed in the port. At the same time, the Company remains actively committed to environmental protection and improving the quality of life in the local community. This commitment is reflected in its cooperation with local municipalities and its support for socially responsible initiatives and projects.

Continuing a development-oriented approach in 2026

The Company will continue to pursue its development-focused strategy in 2026. Planned investments in capacity expansion, sustainable development, and digitalization will further strengthen the port’s competitiveness and create a solid foundation for long-term growth. Current developments in the Middle East are creating a significant degree of uncertainty across the broader logistics industry. The Company is therefore closely monitoring the situation and remains in regular contact with shipping lines and the wider port community. There is a risk that changes to established transport routes could lead to increased dwell times for cargo at ports where onward shipping capacity is not available. However, this risk is currently being successfully managed through continuous communication with business partners. At present, the Company does not foresee any other significant impacts on its operations. Should circumstances change, operational processes will be adjusted accordingly in line with the Company’s risk management procedures.

The 2025 Annual Report is available at Poslovna poročila – Luka Koper d.d.