DHL Express reported interested in Romanian parcels firm Cargus
DHL Express is interested in acquiring one of the leading domestic parcels companies in Romania to strengthen its business there, according to a recent media report.
The Romanian business newspaper Ziarul Financiar reported that DHL is in talks to buy a stake in privately-owned Cargus, citing market sources. The information was not confirmed by company officials. Cargus is owned by two low-profile business people, Augustin Plesea and Carmina Dumitrescu, the newspaper said.
The Romanian company, with turnover of EUR 29.7 million in 2007, is valued at EUR 50 million and aims to grow by 50 pct this year, the newspaper wrote.
DHL Express is interested in acquiring one of the leading domestic parcels companies in Romania to strengthen its business there, according to a recent media report.
The Romanian business newspaper Ziarul Financiar reported that DHL is in talks to buy a stake in privately-owned Cargus, citing market sources. The information was not confirmed by company officials. Cargus is owned by two low-profile business people, Augustin Plesea and Carmina Dumitrescu, the newspaper said.
The Romanian company, with turnover of EUR 29.7 million in 2007, is valued at EUR 50 million and aims to grow by 50 pct this year, the newspaper wrote.
