Compania ended 2022 with a turnover of RON472 million, up 5% on the year.
“2023 has all the features to be a good year for Cargus and to set our growth for the next years: an enriched team, an outstanding operational performance, future product launches that will become benchmarks for our customers’ experience and a growing business outside local borders. Just to name a few. In numbers, we started the year with positive premises, we more than doubled our growth, compared to where we ended last year, and estimate a further increase due to the consistent investments and the hard work of an agile team”, says Yannick Mooijman, CEO Cargus.
The company plans to invest around RON33 million for this year alone, with a focus on logistics, technological solutions for businesses and international expansion.
Currently, 98% of parcels are delivered as promised to customers with the help of approximately 2,200 couriers that cover 12,500 unique location per month and through the 3,000 Cargus SHIP & GO locations.
The operational network consists of five national sorting centers, with a sorting capacity of 46,000 parcels per hour, two gateway centers with a strategic role for the cross-border deliveries and 36 warehouses across the country. In total, Cargus’ operational assets cover an area of over 220,000 square meters. Cargus plans to open a new warehouse in Sibiu in the near future.
Cargus continued its expansion towards European e-Commerce markets and the development of the cross-border segment. The company accelerated its business in Poland: has put in place the operational infrastructure, consolidated the team and added important customers to its portfolio.
In June, Vinted, Europe’s largest marketplace platform in the field of second-hand fashion, partnered with Cargus, thus, joining other large companies, such as Bonprix or LPP. Next steps consist in developing the business in Czech Republic, Hungary, Slovakia and Germany, focusing on creating infrastructure and developing logistics partnerships. Next year, the company expects to double its volumes the cross-border segment.
The e-Commerce segment represents an important part of Cargus’ portfolio. The company will continue to capture the domestic e-Commerce growth and expects a 7 – 10% increase of the local market overall by the end of 2023.
Another Cargus segment that exceeded expectations is the micro and small businesses one – it more than doubled the volumes, compared to H1/2022, and is expected to continue to grow in a fast pace.
Analysing the industry profile, FMCG, IT&C, Beauty, Pharma and Books where the industries with the largest volumes delivered in January – June, FMCG being the industry with the most significant growth.