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Parcel Delivery Drives POS Market Up
Technology &Telecoms

Parcel Delivery Drives POS Market Up

The market of card acceptance terminals (POS) has been constant in terms of number of devices installed over the past year and is now finding new sources of growth from previously untapped s...

Loredana Frățilă-Cristescu · 04.11.2014 · 11:18 · 5 min
DHL Romania: 85% Of Our Customers Are SMEs
Companies

DHL Romania: 85% Of Our Customers Are SMEs

Express courier service and logistics company DHL Romania held by Deutsche Post ended 2013 with EUR50 million revenue, up 19% on 2012.

Loredana Frățilă-Cristescu · 28.05.2014 · 00:00 · 2 min
FAN Courier Sees 10% Growth In Parcels Delivered
Companies

FAN Courier Sees 10% Growth In Parcels Delivered

FAN Courier, the largest Romanian-owned parcel delivery service on the local market held by Adrian Mihai, Neculai Mihai and Felix Patrascanu, is now delivering 65,000 parcels a day, 10% more...

Oana Gavrila · 28.08.2013 · 00:00 · 1 min
Cargus’s New Owner: We Have EUR450M For Investments In The Region
Companies

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...

Tudor Ioana Raluca · 29.10.2012 · 00:00 · 2 min
Companies

Head Of Postal Company: My Priority Was To Remove The Risk Of Insolvency By Cutting Unproductive Spending

State-run postal company Posta Romana is one step away from insolvency unless it goes through a deep restructuring of its activity, after it cumulated losses of EUR72 million in 2008-2010 an...

Radu Bostan · 06.07.2012 · 00:00 · 2 min
TNT’s Acquisition By UPS Could Create Largest Courier Company In Romania
Companies

TNT’s Acquisition By UPS Could Create Largest Courier Company In Romania

U.S.-held United Parcel Service (UPS) will take over Dutch group TNT, with all its global operations, for EUR5.2 billion, the companies announced Monday.

Mihaita Tiron · 20.03.2012 · 00:00 · 3 min
Companies

Express Carrier UPS: Export Growth Is Above European Average

US express carrier giant UPS, which delivers as many as 23 million packages a day in peak times throughout the world, saw 15% increase in shipments from Romania abroad over the first three q...

Mirabela Tiron · 18.11.2011 · 00:00 · 1 min
Austrian Post Buys 26% In Romanian PostMaster For Undisclosed Amount
Companies

Austrian Post Buys 26% In Romanian PostMaster For Undisclosed Amount

The Austrian Post, with EUR2.3 billion in turnover last year, has entered the Romanian market through the acquisition of 26% in PostMaster, preparing to gain business when the monopoly of st...

Mirabela Tiron · 21.10.2011 · 00:00 · 1 min
DHL Express Europe: International Shipments Still Up Despite Nokia’s Departure
Companies

DHL Express Europe: International Shipments Still Up Despite Nokia’s Departure

The decision of Nokia, the second largest exporter in Romania, to close the plant in Cluj will not affect the local international shipping market, as volumes continue to increase, especially...

Radu Racu · 11.10.2011 · 00:00 · 1 min