In 2012, FAN Courier registered sales of RON241.7 million, according to Finance Ministry data.

“Online sales are the main engine of growth for both the company and the courier market,” Adrian Mihai, business development manager at FAC Courier, said Tuesday.

The company’s turnover amounted to RON225 million in the first ten months of the year. FAN Courier expects 10% higher turnover in 2014.

The company invested EUR7 million this year in last generation equipment and technology. Its total investments since it started operations stand at approximately EUR50 million.

According to FAN Courier data, the local courier market will increase 10% this year from EUR250 million in 2012.

FAN Courier was set up in 1998 and is owned by Felix Patrascanu and brothers Adrian and Neculai Mihai. The company employs over 16,000 clients and its car fleet exceeds 1,650 vehicles. (EUR1=RON4.4536)