“We ended last year with profit worth around ten million lei (EUR2 million) amid revenue worth above EUR90 million. In the overall business, transport activities account for 60%, but we also invested in spaces to let, such as the logistic space for Leoni. We want to create over 3,000 new jobs,” said Ion Lazar, the businessman who controls Lazar group of companies.
International Lazar Company is the last large road transporter in Romania controlled by a Romanian, after investment fund Bancroft entirely took over Craiova-based transport company Dumagas from Dugaesescu family, and edy Spedition cut its fleet of over 1,250 trucks to 280 in 2013 as it went insolvent.
Lazar’s largest clients include Automobile Dacia, Renault, ArcelorMittal, Procter&Gamble, Bergenbier, Arctic, Ikea and Pirelli. The largest company part of the group is International Lazar Company, which in 2013 generated revenue of EUR40 million, followed by Hoedlmayr Lazar Romania, the company founded together with Austria’s Hoedlmayr, transporting cars for Automobile Dacia. The partnership in 2014 generated revenue of EUR35.2 million.
(English version by Catalina Apostoiu)