“January and February used to be the months we recovered from the December madness (…). There’s never been a busier start of the year in terms of deliveries,” said Adrian Mihai, who runs a business that generated about 400 million lei (EUR88.7 million) revenue last year, up 20% on the previous year.
“We used to schedule vacation time or days off in January. This year we had to reschedule for some other time.”
The entrepreneur says that the busy January was because of the growth of e-commerce in Romania and because people did not lose their appetite for shopping after the holidays.
FAN Courier could see growth again this year. Adrian Mihai has previously said he expects a 10% to 15% rise in revenue in 2016, which means the company could get close to EUR100 million sales and the be the first actor of its industry to achieve this feat.
“I don’t know if we’ll reach EUR100 million. We did better than estimates every time but this figure is not a target for us. If we took into account the projected growth, we would be close to EUR100 million,” Adrian Mihai said. (EUR1=RON4.5098)
(English version by Loredana Fratila-Cristescu)