The funds attracted during the private placement of bonds are used for business development, investment in software, procurement of transportation and fuel or hiring additional staff.
Founded in 2013, Nemo Expres Logistic is a courier company with national coverage. In 2020, the company registered a net profit of RON4.09 million, four times higher than in 2019.
“For NemoExpress the year 2020 was difficult but also a period during which we streamlined our activity and resources, with remarkable results in terms of profit, four times bigger than in 2019. This was possible by increasing the B2C segment, by rethinking operations, implementing new and up to date IT solutions, optimizing expenses and through good management of resources. In 2021 we continue to focus on profitability and we expect growth of over 25%. In terms of investments for 2021, we have budgeted over EUR2 million for fleet expansion, fixed and mobile assets, logistics infrastructure, and the development of existing IT solutions,” said Florian Stanila, Nemo Expres Logistic Manager.
The company carried out a private placement for corporate bonds in July 2020 with a total value of EUR1.57 million. The bond issue includes 15,765 euro-denominated bonds, with a nominal value of EUR100/bond and an annual interest rate of 7%. the bonds mature on June 29, 2023.
NemoExpress has 1,087 employees and collaborators, of which 330 are directly employed. By its own calculations, it had a market share of 3% in 2019|.
The company’s shareholders are Dan-Dumitru Serbanescu (51%), Capital Fleet Services SA (39%) and Florian Stanila (10%).