Bulgarian postal operator Tip Top Courier sees 2007 turnover up 85%
Bulgarian postal operator Tip Top Courier expects its turnover to grow by 85% next year to 12 million levs (USD7.9 million/6.1 million euro), due to expansion of its network and rise in postal advertisements, a senior company official said on Tuesday.
Tip Top Courier expects to have some 10 million levs in turnover from courier services in 2007, up 54% from this year’s projection, and some two million levs from universal postal services operations, which it will launch in January, board chairman Lachezar Kaparashev said in a statement sent to SeeNews.
Tip Top Courier was licensed on Monday as the first privately held provider of universal postal services in Bulgaria under the trademark T-Post. The company will invest some seven million levs in expanding its network by January 2009.
