DHL Lithuania Sales Rise Almost 15pct in 2004

Lithuania’s express and logistics company DHL Lietuva reported sales above 32 million litas (EUR 9.27 mln) for full 2004, a rise of 14.7 percent from the year-earlier figure.

The company attributed the rise in turnover to improvements in business environment and successful completion of program on reorganization of companies DHL International Lietuva and Danzas, which had been merged into DHL Lietuva.

For 2005 the company was projecting an even faster growth in sales, said Ramunas Vaskevicius, DHL Lietuva sales and marketing director.

DHL Lietuva, which employs a workforce of 90, is a unit of international express and logistics company DHL, which is 100-percent owned Deutsche Post World Net.