“2023 is a big year for Cargus, the year when we accelerate expansion to European countries, a strategic project and a significant investment for us. We are already present in Poland, one of the most important e-commerce markets in Europe, with logistics infrastructure and human resources, and we will continue to expand to Hungary, Czech Republic, Slovakia and Germany,” Cargus officials say.
The company ended 2022 with RON472 million revenue, an increase of 5% on the previous year. It also posted RON81 million losses, 50% higher than in 2021.
Cargus has a RON25 million investment budget for this year, which will go to improvement of the operational infrastructure.
(English version by Loredana Fratila-Cristescu)