If FAN Courier’s turnover grows 10% in 2018, it will exceed the EUR140 million threshold, according to ZF calculations.
The lack of fiscal predictability and the crisis on the workforce market are the main worrying aspects for the company’s top management regarding the development of the business in the coming year.
„Everything points to a more difficult 2018 despite optimistic figures in official statistics showing a robust Romanian economy. Our only response to the uncertainties hovering over the business environment is to continue investments and take all the measures we can in order to minimize the effects. Therefore, 2018 will be the year in which we shall focus on completing the investments started and keeping a tight grip on costs”, said FAN Courier managing partner Felix Patrascanu.
Investments are expected to exceed EUR36.5 million by the end of 2018. Major investments target the expansion of the company’s main HUB in Stefanesti and the start of construction works on the planned HUB in Cluj for which the company had bought a plot of land of 24,000 square meters. The surface area of the hall to be built stretches onto 5,000 sqm.