“We estimate the continuation of the growth trend that started in 2010 and the turnover of companies that provide postal and courier services to exceed the RON7.3 billion threshold in 2021, based on the development of online demand and inflationary pressures,” said Diana Florescu, KeysFin economic analyst.
“Of the 2,514 local companies that recorded positive Shareholder equity in 2020, 2,476 (98.5%) had majority Romanian ownership (over 50% of the total). By the number of companies with foreign direct ownership, the investors from the Netherlands, Bulgaria and Cyprus were leaders (with four companies each). By the value of shareholder equity, in 2020, investors from Romania controlled more than 71.5%, those from Luxembourg 15.5%, and those from the Netherlands 8.4%,” added Diana Florescu.
Romania’s state-owned postal operator Posta Romana is still the main player on the postal and courier market in our country. The company reported a turnover of almost RON1.3 billion (20.2% of the total) in 2020. In 2019, the company’s turnover was RON1.28 billion, with the company keeping the upward trend of the previous year.
According to data provided by FAN Courier to GPEC, the number of e-commerce deliveries increased on average by 12% in 2021 against 2020. In 2021, November was the month with the highest number of deliveries, almost 7.3 million, and February was the month with the lowest number of deliveries, with 4.8 million. During the Black Friday sales campaign carried out in November 2021, the number of deliveries increased by 15% compared to the sales campaign in 2020, reaching about 4.7 million deliveries for this event alone. The top product categories that saw significant growth in 2021 include: fashion, food supplements and products from the Home & Deco range, while the IT&C vertical decreased in 2021 when compared to 2020, GPEC data shows.
The highest increase (nominal and percentage) in the top 10 was registered by Delivery Solutions SA (annual advance of RON234.6 million, i.e. 142%) which entered the Top five companies, to the fourth place surpassing Fedex Express Romania Transportation SRL (formerly known as TNT ROMANIA SRL).
The analysis does not take into account the performance of companies such as BRINGO MAGAZIN SRL (indirectly controlled by Carrefour Nederland BV) or GLOVOAPPRO SRL (owned by the Spanish Glovop23 SL), which declared as their main scope of activity the NACE codes related to the IT&C sector. According to the latest data provided by the finance ministry, the two companies reported yearly increases of 595%, to RON47.4 million (BRINGO) and 418% to RON167.7 million (GLOVO) in 2020.