DHL Romania increases H1 revenues by 40pct and expects further growth through Cargus
DHL Romania increased its turnover by 40pct year-on-year in the first half of 2008, mainly on the growth of the express market in the country. In addition, the company expects further growth after its acquisition of Cargus, the country manager of DHL Romania, Gian Sharp, told the Romanian Newspaper Ziarul Financiar in an interview.
The company’s turnover from domestic delivery services rose by 50pct year-on-year in the first six months of 2008. However, no exact figures were available.
DHL Romania acquired the Romanian express operator Cargus in April 2008 for EUR 50 million (USD 72.59 million). The takeover, which is still pending approval by the domestic competition regulator Competition Council, may be completed by the end of September 2008.
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