This is the highest level of revenue the parcel delivery company has posted since it entered the market. The operator entered the local market in 2007, when it opened its first Romanian branch in Sibiu, following an investment of around EUR5 million.
GLS posted a net profit of RON50.3 million (EUR10.2 million) in 2023, down 17.7% from the previous year’s RON61.1 million (EUR12.4 million), according to public data. The courier company had an average of 227 employees in 2022, according to the latest information available on the Finance Ministry’s website.
(English version by Loredana Fratila-Cristescu)