Cargus derives 18.6m euros from internal courier services

Cargus, one of the leading players on thCargus derives 18.6m euros from internal courier servicesCargus, one of the leading players on the Romanian courier market, has posted turnover worth around 19.6 million euros in the first three quarters of this year, up approximately 50% on last year. “Over one million euros were derived from international courier services, while internal courier services brought 18.6 million euros. Other factors that contributed to this performance were economic growth, a rise in commercial exchanges, as well as partnerships closed with foreign providers of courier services,” said company representatives. Cargus launched international courier services in 2005, in a joint venture with GeoPost Yurtici Kargo, a Turkish-based company controlled by the French post office. Business posted nine months into the year almost equals turnover registered for the whole of last year (20 million euros), according to company representatives. By yearend, Cargus intends to reach business worth around 29 million euros, which means the company should register sales worth nine million euros in the last three months of the year.