TNT Express again grew strongly in Romania in the first half of 2008, according to a newspaperreport.
TNT Romania increased its revenues by 25% in the first six months of 2008 and improved itsnet profit by 45% year-on-year in the first half of 2008. No exact figures were available.
In 2007, TNT Romania reported a net profit of € 5.6 million and revenues of € 33 milliontargeting an increase by 20% on the year in 2008, with international courier services generating75% of the total revenues, TNT Country Manager Bogdan Enache said.
The company reportedly plans to build a new road hub at the international airport inTImisoara, western Romania, this year. It has now 20 offices located in main cities of the country,a fleet of more than 180 vehicles and employs 360 people.
TNT Romania competes with the other leading global players DHL, UPS and FedEx as well asdomestic companies such as Cargus, Fan Courier, Cargus, Alo Curier, Concorde and Pegasus.
