“The domestic courier service market is still seeing double-digit growth. We’ve got online commerce customers that achieved as high as 55% growth rate. We are now seeing more and more companies from Bulgaria and Hungary starting to sell in Romania, we have contracts with online stores in those countries to ensure parcel delivery,” Adrian Mihai told ZF.
FAN Courier posted more than 10% growth in revenue in the first nine months on the year-ago period, Adrian Mihai said. The courier service market will grow at a rate of at least 10% over the next three years, as well, and only those who invest in their companies will be able to benefit.
“We will continue our investments in our fleet, in the IT systems, in the employees and in the development of the new sorting facilities and warehouses. We will expand our warehouse in Cluj.”
The company started construction on a new sorting facility in Bucharest, which will have a capacity of 39,000 parcels an hour, compared with 9,000 at the moment. The investment in the new sorting facility will amount to EU8 million. FAN Courier budgeted EUR15 million for investments in 2017.
(English version by Loredana Fratila-Cristescu)