Gapuma Expands in Serbia with New 22kt Silo Distribution Centre in Novi Sad
13 March 2025 Gapuma Group has strengthened its presence in Europe with the establishment of Gapuma Serbia and the launch of a major 22,000-tonne silo distribution centre, including a fertiliser warehouse, in Novi Sad. This investment marks a significant step in enhancing grain distribution across Serbia and the wider region, ensuring the seamless supply of bulk agricultural products to manufacturers across Europe. The new facility underscores Gapuma’s long-term commitment to fostering trade and economic development in Serbia. By streamlining the movement of essential commodities, the distribution centre will play a crucial role in supporting the country’s agricultural sector and reinforcing Serbia’s position as a key hub in the European supply chain. Gapuma’s dedication to deepening trade links across Europe is exemplified by the company’s Group Managing Director, Jack Bardakjian. As a Director on the board of the British-Serbian Chamber of Commerce, Bardakjian has played an instrumental role in strengthening business relations between Serbia and the UK. His frequent visits to Serbia and close engagement with the Department for Business, Innovation & Skills (BIS) and the British Ambassador to Serbia, Edward Ferguson, reflect Gapuma’s strategic focus on expanding opportunities in the region. With the establishment of Gapuma Serbia and the launch of its new distribution centre, the company reaffirms its commitment to enhancing the agricultural supply chain and facilitating robust trade connections between Serbia and the rest of Europe.
Jack Bardakjian to Tackle Ghent Marathon This Sunday
28 March 2025 Jack Bardakjian, Group Managing Director and veteran of numerous road races, will be taking on the Ghent Marathon this Sunday, 30 March 2025. Known for his stamina and dedication to long-distance running, Jack’s return to competition is all the more remarkable, having recovered from double knee surgery. The Ghent Marathon has become an increasingly popular fixture on the European running calendar, offering a picturesque yet demanding route. Starting near the Flanders Expo, runners will make their way through the city’s green outskirts, including the Blaarmeersen recreational park, before heading into the medieval heart of Ghent. The course passes by several of the city’s iconic landmarks, including Gravensteen Castle, a striking 12th-century fortress with a storied past, and St Bavo’s Cathedral, home to Jan van Eyck’s masterpiece The Adoration of the Mystic Lamb. The final stretch leads runners back towards the Flanders Expo, where cheering crowds will await the finishers. Beyond its historical charm, Ghent has a rich industrial heritage. Once a major centre for textile production, the city remains an economic hub with a thriving logistics sector and a growing reputation for biotechnology innovation. Its lively atmosphere, enhanced by charming canals and bustling squares, makes it a favourite destination for visitors. And Jack’s marathon journey will not end in Ghent. In October, he plans to compete in the Lisbon Marathon, another scenic but demanding race, this time along Portugal’s Atlantic Coast. Picture Credit: GOLAZO
Gapuma South Africa Gears Up for IPC 2025
19 March 2025 Petrochemical Powerhouse Event in San Antonio Gapuma South Africa are set to be out in force at the upcoming International Petrochemical Conference (IPC) in San Antonio, Texas, from 23 to 25 March 2025. Henry Greeff, Gary Hayes, and Dave Steward will attend this prominent event, organised by the American Fuel & Petrochemical Manufacturers (AFPM), which is recognised as one of the largest petrochemical gatherings globally, drawing thousands of participants from companies worldwide. The conference taking place at the Grand Hyatt San Antonio will see attendees engaging in discussions on key political, economic, and environmental issues impacting the petrochemical industry. A highlight of the event is the International Petrochemical Luncheon, featuring a conversation with the former UK Prime Minister, Boris Johnson. The conference features a number of high level speakers Brook Vickery, President and CEO of INVISTA, and Steve Prusak, President and CEO of Chevron Phillips Chemical Company LP. The conference provides a major opportunity to gain insights into emerging trends, and explore potential collaborations. We would be delighted to see you there – please come and find us to discuss how Gapuma can support your petrochemical needs. For more information about the conference, including the full agenda and list of speakers, visit the official AFPM event page.
Gapuma at the European Coatings Show 2025:
Meet Our Team in Nuremberg 24 March 2025 We are delighted to announce that Gapuma Group will be attending the prestigious European Coatings Show (ECS) in Nuremberg from 25 to 27 March 2025. As one of the largest and most influential events in the paints and coatings industry, ECS offers an exceptional platform to explore the latest innovations, exchange ideas, and build meaningful partnerships. Representing Gapuma at the event will be two of our highly experienced team members: Yegas Harilal – Business Development Manager South Africa Office and Raj Thakkar – Procurement Consultant, UK Head Office Both Yegas and Raj bring a wealth of industry expertise and insight, and they are eager to engage with fellow professionals, suppliers, and potential collaborators throughout the show. Why Meet Us at ECS? The European Coatings Show is renowned for showcasing cutting-edge solutions in pigments, additives, adhesives, raw materials, application technologies, and production processes. With sustainability and innovation at the forefront, the event provides the perfect setting for Gapuma to discuss emerging trends, explore new business opportunities, and share how we continue to go Above and Beyond in delivering value to our partners. We are incredibly excited to be part of this dynamic industry gathering and would love the opportunity to connect with you. Whether you are a current partner or interested in learning more about Gapuma’s global operations, we encourage you to meet Yegas and Raj in Nuremberg. Get in Touch If you are attending ECS and would like to arrange a meeting with Yegas or Raj, please visit our website. Here, you can reach out to them directly and coordinate a time to discuss how Gapuma can support your business needs. We look forward to seeing you at ECS 2025 – let’s shape the future of the coatings industry together!
United at Gapuma
27 March 2025 Gapuma Cote d’Ivoire has become the scene of a most unusual family reunion. Deepak Agnani, Dheeraj Khilnani, and Jay Ubhrani grew up apart in different states of India, separated by miles, careers, and the tides of life. Though bound by blood, they had never once stood together under the same sky. Each had carved their own path, never imagining that fate would bring them together — not in Mumbai, not in Delhi, but in Abidjan, Côte d’Ivoire. When Yanish Bhageerutty, Gapuma’s Business Development Manager, visited the Abidjan office, he was greeted by a sight he hadn’t expected: three cousins beaming with joy, working shoulder to shoulder on a landmark project — delivering Gapuma’s new premises in Côte d’Ivoire. With pride, they shared their story:“Separated in India, Gapuma reunited us!” What had once been scattered family ties were now intertwined by a shared purpose — building something bigger together. In the bustling West African market, their bond grew stronger with every brick laid, every challenge tackled, and every milestone reached. Prakash Daswani, Country Manager for Cote D’Ivoire says: “For the cousins, Gapuma became more than just a company — it became a bridge, turning distance into togetherness.” And as they work to create a new home for Gapuma, they are also building something far more precious: a lifelong connection, stronger than ever.
Latin America’s Commodities Sector in 2025: Opportunities & Challenges
26th February 2025 Latin America’s commodities markets are seeing rapid shifts in 2025, shaped by climate change, evolving trade relationships, and growing demand for key resources. These trends present both challenges and opportunities for global procurement firms assessing future investments. Agriculture & Food SupplyExtreme weather continues to disrupt agricultural output, with coffee and grain supplies under pressure. Drought conditions have driven up prices, while shifting global consumption patterns may reshape demand for staple exports like soya beans. Metals & Energy TransitionThe region remains central to the global supply of essential minerals, particularly copper, which is vital for renewable energy and electrification. Latin American nations are expanding production to meet rising international demand, creating new procurement opportunities. Geopolitical & Trade ShiftsTrade dynamics are evolving as major economies strengthen ties with Latin America. Strategic partnerships are reshaping supply chains, with governments and businesses seeking long-term, stable sources of key commodities. Economic Growth & Investment PotentialDespite global uncertainties, select Latin American markets are poised for strong economic growth in 2025, driven by exports and infrastructure development. For firms monitoring these trends, the region offers compelling prospects for future engagement. As global demand fluctuates and trade routes shift, forward-thinking procurement and logistics firms—such as Gapuma—are carefully evaluating these trends to identify the most promising opportunities for expansion.
New Window, New Horizons for Gapuma
21st February 2025 Gapuma has officially launched its new website, marking a significant milestone in the company’s digital evolution. The revamped platform, accessible worldwide, went live this month and offers an enhanced experience for clients, partners, and suppliers. Designed to better reflect the scale and expertise of Gapuma, the site serves as a central hub for the company’s global trade operations. The new website, showcases Gapuma’s extensive portfolio across multiple industries, including commodities, industrial goods, healthcare, and sustainable solutions. With a modern, intuitive design, the platform provides streamlined navigation, allowing users to efficiently access information about the company’s services, values, and supply chain capabilities. Gapuma, a leader in international trade and procurement, developed the new site to strengthen connections with stakeholders and highlight the company’s continued growth. The enhanced digital presence is part of a broader strategy to improve transparency, accessibility, and engagement. The refreshed content offers deeper insights into Gapuma’s operations, reinforcing its role as a trusted partner in global markets. A key focus of the redesign is its emphasis on collaboration. The website places particular importance on Gapuma’s longstanding relationships with suppliers and clients, showcasing testimonials and case studies that demonstrate successful partnerships. It also reflects the company’s commitment to innovation and sustainability in international commerce. The launch of the new website signals Gapuma’s dedication to continuous improvement and adaptability in an ever-evolving industry. As the company expands its global reach, the new digital platform will serve as a valuable resource, ensuring that all stakeholders remain well-informed and connected to Gapuma’s mission and operations.
Global Trade Faces Renewed Challenges as Ocean Shipping Rates Spike
GAPUMA, LONDON The global shipping industry is once again grappling with a surge in ocean shipping rates, vessel backups at seaports, and shortages of empty containers, reminiscent of the supply-chain crisis experienced during the COVID-19 pandemic. As the industry enters its busiest season, these issues are causing widespread concern among traders and logistics companies. The sudden and sharp increase in shipping rates is creating significant challenges for businesses worldwide, affecting the timely delivery of goods and adding to the costs of global trade. As companies scramble to adapt to these evolving conditions, the situation underscores the ongoing volatility in the global supply chain landscape. “There is a cocktail of uncertainty and disruption across global ocean freight supply chains,” remarked Peter Sand, chief analyst at pricing platform Xeneta. “It is the speed and magnitude of this recent (rate) spike that has taken the market by surprise,” he added. In late May, the spot rate to ship a 40-foot (12-meter) container from China to Northern Europe soared to $4,615, marking an almost 3.5-fold increase since the beginning of the month. Although this rate remains below the all-time high of $14,407 seen in January 2022, it signals a significant upward trend, according to Peter Sand, chief analyst at pricing platform Xeneta. Notably, this rate does not include the $10,000 “diamond tier” rates for priority shipments. The spot rate for containers from China to the U.S. East Coast also saw a sharp rise, reaching $6,061, up from $2,772 on May 1. Still some way off the $11,900 peak of January 2022. The roots of the container industry’s current struggles can be traced back to December 2023, when major shipping lines like Maersk and Hapag-Lloyd began diverting vessels away from the Red Sea and Suez Canal. This strategic shift was in response to Houthi drone and missile attacks from Yemen. As a result, ships on routes from China to Europe and China to the U.S. East Coast have been navigating around Africa, leading to cascading disruptions and increased costs across global supply chains. These supply chains heavily depend on ocean vessels, which transport approximately 80% of international trade volume.
Gapuma Celebrates 25 Years of Success
LONDON Gapuma is celebrating its 25th anniversary today.And it is marking the occasion with a party at the Art Otel in Battersea. Founded in 1999, Gapuma was the brainchild of its founder Jack Bardakjian, who remains at the helm, as the group’s Managing Director. “We had the chance to begin trading in Ghana, and against all the advice and all the predictions, I decided to take the opportunity. And here we are 25 years later, still going strong.”Jack is very magnanimous and unassuming about the successful enterprise he founded and to which he has dedicated most of his working life. “I really couldn’t have done any of this without the wonderful support of my family, my amazing colleagues, and the many and varied partners and clients we’ve had throughout the years.”And as he says that you can see Jack’s mind wandering over the myriad adventures he and Gapuma have had trading across the world. Today, Gapuma has gone from that contingent business, doing ‘back-to-back’ deals to a large and respected physical commodities business, whose name is a byword for reliability, respect and trust. “We never have and never will take anything for granted. The truth is you’re only as good as your last deal, and so we treat every new contract as though it’s our first.
Gapuma at Coatings for Africa
SANDTON CONVENTION CENTRE, JOHANNESBURG Gapuma were out in force on Wednesday at Coatings for Africa, the largest dedicated coatings event in Africa for raw material and service suppliers, equipment and paint manufacturers. And this year, Gapuma is an exhibitor at the fair, which incorporates a trade exhibition along with the Coatings for Africa Conference and Business Presentations Hub; providing invaluable business and networking opportunities for the coatings community.According to the organisers: “The event creates the perfect environment for manufacturers, raw materials suppliers, distributors, buyers and technical specialists… to meet face-to-face and do business.Jack Bardakjian, Group Managing Director of Gapuma, who is attending, considers the event unique: “Nothing comes close to the opportunity to meet partners and clients in person in a dedicated space like this. It’s also a fantastic chance to see what our rivals are doing and learn from their successes.”The show continues until Friday, and Gapuma can be found at Stand B10, where they would be delighted to meet you and discuss all your coatings needs in person.