DHL Romania: Profit margin remains at 10 pct this year
DHL, the international courier service company, has posted a turnover increase of 30 pct for international and domestic express services for the first half of this year against the same time in 2006.
“The highest percentage growth was registered on the segment of domestic deliveries, where volumes doubled compared with last year. Our plans for this year are to continue investing in our own distribution network, with examples in this regard being the enlargement of the car fleet by another 120 vehicles, the increase in the number of offices throughout the country by 20 pct and the increase in the number of employees by more than 10 pct ,” said Bogdan Obretin, commercial manager of DHL International Romania.
The positive results registered in the first six months were primarily due to the launch of new products, to infrastructure investments conducted by the company, to the development of customized solutions for the main industries and the expansion of the company’s national distribution network.
Obretin believes that the current growth rate of DHL in Romania will continue above the targets set for 2007, which would be an approximately 30 pct turnover growth rate against 2006, on the international and domestic express services segment.
DHL’s investments in Romania, which are put at 3 million euros, are directed towards the development of the vehicle fleet and the national network, as well as to the expansion of the company.
According to its own estimates, DHL accounts for 40 pct of the international express delivery market. The company’s main clients are from the banking sector, the automotive industry, the textile industry and the consumer goods industry.
“Domestic courier services currently account for approximately 10 pct of our turnover. With the development of volumes on this segment, we expect a visible increase of the share of domestic courier services within the overall turnover. International courier services remain the core business segment for DHL and will continue to account for the bulk of the turnover,” explained Bogdan Obretin.
DHL operates a fleet of over 230 vehicles in Romania, as well as its own network of mailing and service centers in more than 23 cities in the country. DHL also intends to buy around 120 vehicles this year.
