For 2022, the company targets a 20% increase in the volumes delivered as compared to 2021, both nationally and internationally.
In the last two years, Cargus has invested EUR20 million in its operational infrastructure, in the last mile delivery, in technological solutions for the final recipients, in accessible and fast delivery services. The company has also focused on expanding the SHIP & GO network and digital integrated solutions for the e-commerce businesses.
Significant investments are planned for 2022 and also for the next two, with a strong focus on technological innovations and new delivery solutions, such as the new APM network (lockers), due to be launched in the second half of 2022. Innovations and integrated delivery solutions for the e-Commerce market are two of the most important pillars of the company’s long-term strategy.
The B2C segment, an important share in the company’s delivery structure, increased with 7%, as consumers improved their comfort level during the pandemic. Also, new business partnerships brought from international markets and capturing domestic growth on e-commerce were growing factors. These will be enhanced by the complete services & delivery solutions that Cargus is providing: APM, PUDO network, e-fulfilment, prepaid/subscription for start-up businesses and user friendly & modern apps.
The operating profit margin remained constant, as in the previous year, proving the company’s ability to have good control over operating costs in a rather unstable economic environment.
An important share of the investment budget in the last two years was dedicated to logistics optimization and bringing the network to high excellence standards of the delivery services. In 2021, Cargus opened nine new logistics warehouses, located in strategic geographical areas, equipped with modern working lines, capable of doubling or even tripling the sorting capacity of the parcels – an investment of EUR8.5 million. At the same time, the company has also expanded the network of SHIP & GO points, surpassing, today, over 700 locations, across Romania.
Also, the courier equipment engulfed an investment of EUR7.5 million investment. Important to mention is the mobile equipment for the Cargus courier team that allowed the implementation of the PIN on Glass solution (card on delivery payment solution).
In 2021, the company also focused on launching innovative technological and digital solutions, to provide customers with the best delivery experience, representing in total a EUR4 million investment, such as the Cargus Mobile app.
In early 2019, Cargus was acquired by Mid Europa Partners Investment Fund, one of the most active investors in Romania.