The top three players on this market in 2011 were Aquila Part Prod Com, Schenker Romtrans and Gefco, with turnovers of EUR116.2 million, EUR74.5 million, and EUR43.6 million respectively, with the three companies also having transport activities.
The ranking was put together based on rankings of the Romanian Logistics Association (ARILOG) in 2009 and 2010, which also included the companies with transport activities, that recorded significant turnover increases last year.
Next in the ranking are Kuehne+Nagel, Gebruder Weiss and DSV Solutions.
Austria’s Gebruder Weiss won a four-year contract worth EUR9.6 million VAT-less with OMV Petrom last spring, which contributed to boosting the company’s turnover from EUR23.1 million to EUR33.8 million last year.
The biggest turnover increase was recorded by Tibbett Logistics, set up in mid 2010 by a former shareholder of Delamode. Tibbett Logistics reached turnover of EUR21.2 million last year, up 97% on the preceding year, while the turnover of Delamode Romania fell 40% to EUR14.7 million.
“The turnover decline comes after in July 2010 one of the Delamode shareholders parted ways with the company and formed Tibbett Logistics, which took over the logistics Delamode had had with Real and Metro. (…) Delamode continues to have logistics activity, but for smaller clients, with its storage area shrinking after the separation from around 100,000 sq m to 10,000 sq m,” explains Danor Ionescu, CEO for Central and Eastern Europe of the Delamode group.
The average profitability in this industry was just 1.3% last year, with the biggest profit being recorded by Gefco Romania (EUR3 million – a 6.9% margin), part of the French group whose clients include Dacia, Renault, Peugeot, Citroen, Delphi, Nintendo and Nespresso.
At the opposite end, the biggest loss (EUR1.1 million) was recorded by Tibbett Logistics, which at the end of last year finalized a EUR6.4 million investment in an intermodal terminal within logistics project Europolis Park on the outskirts of Bucharest.
Apart from Delamode, one other company posted a turnover decline last year – CEVA Logistics. The company lost one of its main clients, Nokia, which last year closed down its Romanian-based plant in Cluj. The turnover of CEVA Logistics fell 6.4% to EUR7.5 million.
Aside from Delamode and CEVA Logistics, all other companies in the ranking posted higher turnovers last year, while H.Essers Logistics remained steady at EUR9.1 million.
(English version by Daniela Stoican)
| Pos. | Company | Turnover 2011 (million euros) | Turnover 2010 (milion euros) | Evolution (%) | Profit 2011 (million euros) | Profit margin 2011 (%) | Employees |
| 1 | Aquila Part Prod Com | 116.2 | 101.3 | 14.7 | 0.6 | 0.5 | 1712 |
| 2 | Schenker Romtrans | 74.5 | 62.3 | 19.6 | 1.2 | 1.6 | 1059 |
| 3 | Gefco Romania | 43.6 | 33.7 | 29.1 | 3.0 | 6.9 | 76 |
| 4 | Kuehne+Nagel | 36.3 | 27.8 | 30.8 | 0.8 | 2.1 | 160 |
| 5 | Gebruder Weiss | 33.8 | 23.1 | 46.0 | 1.3 | 4.0 | 232 |
| 6 | DSV Solutions | 28.3 | 21.9 | 29.4 | 1.4 | 5.0 | 273 |
| 7 | Logistic E Van Wijk | 21.7 | 18.2 | 19.6 | 1.1 | 4.9 | 304 |
| 8 | Calberson Romania | 21.5 | 15.5 | 39.1 | -0.8 | -3.6 | 236 |
| 9 | Tibbett Logistics | 21.2 | 10.7 | 97.5 | -1.1 | -5.3 | 385 |
| 10 | FM Romania | 20.5 | 19.9 | 3.4 | -0.5 | -2.6 | 557 |
| 11 | KLG Europe Logistics | 19.7 | 15.5 | 27.4 | 0.7 | 3.7 | 327 |
| 12 | Cargo-Partner Expeditii | 19.1 | 17.7 | 7.5 | -1.7 | -9.1 | 164 |
| 13 | Delamode Romania | 14.7 | 24.6 | -40.1 | 0.1 | 0.6 | 106 |
| 14 | H.Essers Logistics | 9.1 | 9.1 | -0.5 | 0.1 | 1.2 | 171 |
| 15 | Transalkim | 8.2 | 7.5 | 9.3 | 0.1 | 1.1 | 123 |
| 16 | CEVA Logistics | 7.5 | 8.1 | -6.4 | 0.1 | 1.6 | 446 |
| Total/Average | 496.0 | 416.8 | 19.0 | 6.4 | 1.3 | 6331 |