CARGUS
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Cargus Acquires Majority Stake In Logistics Services Provider QeOPS
Cargus, one of the largest parcel delivery companies in Romania, is acquiring the majority stake in QeOPS, one of Romania's leading providers of e-fulfilment services and personalized logist...
Cargus Revenue Up 8% To RON494M, Investments At Nearly RON59M In 2020
Parcel delivery company Cargus reported 8% higher revenue, of RON494 million, in 2020, compared with RON454 million in 2019. The increase in revenue was triggered by the advance of online co...
Parcel Delivery Company Cargus Sees 20% Rise in Sales Volume in 2020
Parcel delivery company Cargus posted growth of 20% in sales volume last year. Its investments in a warehouse, logistics and IT&C upgrades reached EUR11 million.
Cargus And Urgent Curier Merge Into Second Largest Player On Local Market
Courier service companies Cargus International and Urgent Curier, owned by investment fund Abris Capital Partners, will merge to become the second-largest player on the Romanian market, with...
Cargus 2013 Revenues Up 20% To EUR25.7M
Domestic courier company Cargus International Tuesday reported revenues of EUR25.7 million in 2013, up 20% on the year, following investments in infrastructure and services and an increase i...
Cargus To Invest EUR4M This Year, Of Which EUR3.2M To Renew Vehicle Fleet
Domestic courier company Cargus International will invest EUR4 million this year, of which EUR3.2 million will go into renewing its car fleet, and has launched a new logo, which will adorn a...
Abris Capital Partners Concludes Acquisition Of Delivery Firm Cargus
Private equity fund Abris Capital Partners Tuesday said it completed the takeover of Romanian parcel delivery company Cargus International from Deutsche Post DHL.
Cargus’s New Owner: We Have EUR450M For Investments In The Region
Cezar Scarlat, the head of the Romanian office of private equity fund Abris Capital Partners, which has recently bought the second largest domestic courier company Cargus International from...
DHL Sells Cargus Parcel Business To Abris Equity Fund
German postal and logistics group Deutsche Post DHL has reached an agreement with private equity fund Abris Capital Partners to sell its Romanian domestic express delivery business Cargus.