“The main engine for this growth was the online commerce. We managed to attract important partners in this field such as eMag, Avon, Oriflame or Depanero,“ said Nadia Homoc, commercial manager with Urgent Cargus.
The higher revenue also triggered a 30% staff growth in the dispatch service sector, 20% in the HR department, 15% in the commercial one, 15% in the IT sector as well as in the customer service unit. Also, the company increased by 10% the number of staff in the financial department.
Urgent Cargus is one of the largest domestic courier service in Romania. It was formed in 2014 through the merger of Urgent Curier and Cargus International, ranking 2nd among the largest courier service companies, after Fan Courier.
In 2014, investment fund Abris Capital Partners bought Urgent Curier, after it had bought Cargus from Germany’s DHL back in 2012.Last year, the two companies posted total revenue at RON254 million (nearly EUR57 million), and the new legal entity will employ over 3,500 people plus collaborators.
In 2014, Cargus International posted revenue of RON163 million, up 40% from a year before, while Urgent Curier’s revenue was at RON138 million, up 20% compared with a year before.
For this year, Urgent Cargus eye 20% higher revenue from 2014. “Even if the company undergoes an integration process, focusing on strengthening Urgent Cargus, we have ambitious plans and forecast a 20% growth of revenue by end-2015 compared with a year before,“ said Nadia Homoc.
The Romanian courier service market, which totaled EUR350 million in 2015, also includes DHL International Romania, TNT Romania or UPS Romania.
Other smaller courier services companies majority owned by local entrepreneurs are Nemo Express, Sprint Curier, Dragon Star or Chronos.
(English version by Manuela Panescu)