Spanish MRW Opens Franchises in Spain, Portugal
Spanish express courier MRW in Catalonia region, northeastern Spain, has opened three franchises in Spain and another one in Portugal, MRW said on September 9, 2003.
MRW opened a franchise in Madrid, another one in Coria del Rio, Seville province, southern Spain, and a third one in Granada, southern Spain. With the opening of a franchise in Portugal MRW increased the number of its franchises in the country to 58. MRW currently has 579 such franchises in Andorra, Spain, Gibraltar and Portugal. [Editor’s note: MRW international courier service Europaq currently covers 26 European countries, including Austria, Bulgaria, Denmark and Slovenia. The company’s fleet includes some 3,500 vehicles. MRW posted a 207.2 mln euro ($229.8 mln) turnover of for the first half of 2003, an 11.9 pct year-on-year increase, the Spanish News Digest said on August 13, 2003. MRW posted a turnover of 390.2 mln euro ($432.7 mln) for 2002, up 12.2 pct year-on-year, and targets an up to 15 pct year-on-year increase in turnover for 2003, the Spanish News Digest reported on February 5, 2003.]
(Alternative/Original name: Catalunya, Cataluna, the Catalan region, Sevilla)
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Source: La Bolsa,09/09/2003
