“The entire parcel delivery market was on the rise in the first half, both on the business to business segment and on the online commerce segment. Domestic routes account for 95% to 97% of our business,” said Horatiu Ciornei, marketing manager of Romanian-held Nemo Express.
Nemo Express, which had 365 employees last year, is held by entrepreneurs Dan Dumitru Serbanescu and Florian Stanila, and is one of the few Romanian-owned parcel delivery businesses left. Market leader FAN Courier is Romanian-held, too, while Urgent Cargus, DHL, TNT, and DPD are foreign-held.
Nemo Express operates via two companies, Nemo Express Logistic (RON124 million revenue in 2018 compared with RON99.8 million in 2017) and Nemo Prod Com Impex (RON14 million revenue in 2018), according to Finance Ministry data.
The parcel delivery market stands at some EUR450 million in Romania and there is room for development, considering the sector is the much more developed in the countries in the region. Poland’s market for instance, stands at EUR1 billion.(EUR1=RON4.7245)
(English version by Loredana Fratila-Cristescu)