TNT Express again grew strongly in Romania last year and is optimistic for this year, according toa newspaper report.
TNT Romania increased its revenues by 30% to EUR 30 million last year and improved its netprofit by 40% to EUR 5.6 million, Ziarul Financiar reported.
“The results are in line with TNT’s international strategy of focusing on the operationswhere solid performances are achieved, and where TNT has gained a leading position,” said BogdanEnache, general manager of TNT Romania.
“In recent years internal deliveries have outpaced international ones, however, consideringthe overall volume of deliveries the fact that growth rate differences have started to narrow issignificant. Many domestic operators have been talking about rising cost pressure, considering thedevelopment of an efficient infrastructure is also necessary,” Enache said.
“The new opportunities generated by the impact of the tighter commercial relationships withEU countries, as well as the development of several large investments and production centers meanthat we anticipate a continued upward trend on this segment,” he added.
The Romanian courier market grew to EUR 180 million last year, and could increase further by20-25% to EUR 200 million in 2008, according to TNT representatives. The other leading players areDHL, UPS, Cargus, Fan Courier and Curiero.
