November and December, the last two months of the year, represent the most crowded period for courier services companies, as they have to meet a huge demand for deliveries during the Black Friday sales campaign and for the winter holidays.
Urgent Cargus is held by investment fund Mid Europa Partners which acquired the former from Abris Capital Partners in 2018 in a deal estimated at EUR120-130 million by Ziarul Financiar.
Cargus reported 8% higher revenue of RON494 million in 2020, compared with RON454 million in 2019, per finance ministry data.
The company has recently inaugurated a warehouse in Buzau following an investment of EUR500,000.