“The year 2013 was good for FAN Courier, due to a strong advance in online sales. The company’s turnover reached EUR62.5 million in 2013,” Fan Courier general manager Felix Patrascanu said Thursday.
The company reported turnover of RON241.7 million (EUR54.2 million) in 2012, according to Finance Ministry data.
FAN Courier estimates a 10% increase in turnover in 2014, in the best-case scenario, which implies the stabilization of the Romanian leu and reducing the negative impact of higher transport costs.
FAN Courier’s 2013 investments stood at EUR7 million, above the initial budget of EUR4.5 million, and targeted, among others, state-of-the-art equipment and technology.
The courier company has invested around EUR50 million throughout its 15 years of activity.
FAN Courier was set up in 1998 and is owned by Felix Patrascanu and brothers Adrian and Neculai Mihai.