“This year we have an investment budget of EUR20 million euros, in the construction of new warehouses, vehicle fleet, solar panels, digitization. We budgeted a 12% increase in revenue, January I believe will be higher than January last year, the online commerce remains the growth driver,” Adrian Mihai, CEO of FAN Courier, one of the company’s founders, told ZF.
The courier market leader has more than 55,000 customers nationwide, most of them legal entities, and operates a fleet of 4,400 vehicles, according to the latest data.
The company plans to develop a hub in Sibiu, similar to the one in Brasov, with a sorting line, but is awaiting building permits.
“In Sibiu we bought a large plot of land of 8 hectares and we want to build a hub there, similar to the one in Brasov. We also have plans for a new warehouse in Bucharest (…)”
FAN Courier ended last year with EUR1.1 billion revenue, up 10% on the previous year. Although initial forecasts showed higher growth, 2022 came with a number of challenges that directly affected the business.
(English version by Loredana Fratila-Cristescu)