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Adaugat in data de 12-03-2014

2013, a record year for Cargus: 25.7m euro revenue

2013, a record year for Cargus: 25.7m euro revenue

Cargus, one of Romania’s top domestic delivery companies, has reported a 20% growth in revenue for 2013, making it the best year of its history. The courier company has reached a record 25.7 million euro revenue, almost 6 million more in comparison to 2012.

Cargus has seen investments in infrastructure and services pay off, with 54% of its growth provided by new clients and a good trading of its existing e-commerce portfolio. New products, such as the Express BOX for deliveries of up to 5 or 10 kilos, a premier product for the Romanian courier market, have provided a 5% growth in the segment of small and medium clients that pay in cash.

Gian Sharp, Cargus CEO, explains Cargus’ fast forward evolution on the domestic courier market: “We set out to make 2013 a crucial year for Cargus. The company underwent major investments and targeted an accelerated growth process than in previous years by actively supporting the e-commerce industry and striving to provide the best integrated services on the market. The results show us that we have made 2013 a successful year by reaching a 20% growth vs. 2012, a positive evolution powered by all client segments.



The first two months of 2014 offer more positive perspectives with a 54% volumes increase for Cargus in comparison to the same period of 2013, mainly driven by a 90% growth in the e-commerce sector, but also a 37% increase in the B2B segment.

Cargus was acquired in 2012 by Abris Capital Partners, a leading mid-market private equity fund, and has made investments in fleet and infrastructure updates of approximately 4 million euros in 2013 alone. 

Cargus International SA is one of the biggest players on the Romanian domestic delivery market. Founded in 1991, it is Romania’s first courier company and currently owns and operates the only countrywide network of hubs, warehouses and a delivery fleet of over 900 courier vehicles. Cargus has a work force of over 1.500 courier professionals and has achieved sales exceeding EUR 25.7 m in 2013. For more info about Cargus’ services, please visit www.cargus.ro and our Cargus Facebook page.

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Taimi
I want my very own personal report about roomies Lisa & Beth (since I wasn't there to fill that role myself).I just knew you'd all be blessed and blown away! I look forward to the paraciultrs.For now, just want you to know how much I look forward to a gIRL gathering that has ME in the picture too.Love you,Kathleen
Mohamed
Wait, I cannot fathom it being so stoadghtfrrwari.
crorkz
9tdc68 Thanks-a-mundo for the post.Really looking forward to read more. Fantastic.
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