TNT Romania 2006 turnover up 30 Pct
Express delivery services company TNT Romania, a subsidiary of Dutch TNT Express, reported a 30 pct year-on-year increase in turnover for the first half of 2006. The company’s Country Sales & Marketing Manager, Dumitru Ionescu, said on August 15, 2006.
‘No exact figures were available.’
TNT Romania said its strong growth in the first half of 2006 was due to increased customised solutions portfolio.
The company plans to keep its leading position on the domestic delivery services market and projects an annual turnover increase of 25 pct to 30 pct for the full-2006.
[Editor’s note: TNT Romania projected an annual 40 pct rise in turnover to 23 mln euro (USD 29.28 mln) for 2005, SeeNews agency said on October 7, 2005.
The company, with a 20-office network across the country, targets to gain a 60 pct share of Romania’s market of business-to-business deliveries by 2007 from 49 pct held in 2005.
The Romanian market for courier and international delivery services is seen to grow 30 pct on the year to 130 mln euro (USD 165.47 mln) in 2006, with main players TNT Romania, DHL Romania, Couriers Service, an authorised representative of U.S. delivery company UPS and U.S. Fedex, while the local companies include Fan Courier, Cargus, Alo Curier, Concorde and Pegasus, the Romanian News Digest said on January 10, 2006.]
