“We do not have the final figures for the first quarter but I think we did achieve the 15% growth we set out to and even more than that. It was a better than expected start of the year,” says Adrian Mihai, one of the shareholders and founders of the courier service company, which posted about 400 million lei (EUR89.4 million) revenue in 2015.
“Every customer I’ve met with has been seeing growth, double digit growth even and I’ve met with companies in real estate, online, window manufacturing, all kinds of industries.”
The company set out to achieve growth of 15% in revenue in 2016, which should therefore be close to EUR100 million.
FAN Courier, which is the largest courier service company in Romania and also the leader of this market, has seen steady growth in revenue in lei every year since 2008 (the earliest data available from the Finance Ministry).
Adrian Mihai believes the growth of the companies that are FAN Courier’s clients is mainly because of an increase in consumer spending and real estate investment.
(English version by Loredana Fratila-Cristescu)