GeoPost subsidiary Armadillo expands Russian network
The Russian parcels and freight logistics group Armadillo, a GeoPost subsidiary, said it has opened six new branches in key regions over the first half of 2006 to further expand its network.
Three branches are located in Siberia (Barnaul, Krasnojarsk, Osmk), one in the Volga region (Saratov), and two branches in the Far East (Charabarovsk and Wladiwostok). The openings give the company a total of 22 branches throughout all the regions of the Russian Federation, from the North-West to the Far East, Armadillo said in a statement.
Each new branch incorporates an office and operating terminal, including handling equipment and IT technology linking all branches. Each branch covers about 500 sqm and has capacity to handle up to 2,000 parcels per day.
“In the next five years, the Russian logistics market will experience a tremendous boom thanks to the biggest Western retailers,” explained Sergey Kruglov, director general of the Armadillo Group. “After opening branches in Moscow and St. Petersburg, they are capturing the market in further regions of Russia where they require the same quality they guarantee to their customers in Moscow, Europe and all over the world. Russian companies will certainly try to capture the regional market where the demand for transportation services is very high,” he added.
The Armadillo Group, which is jointly owned by GeoPost and its Turkish partner, Yurtici Kargo, offers courier, express, parcel and freight transportation within Russia and internationally, including the Bizpak just-in-time delivery service. It plans to expand its network further later this year.
