Curiero: We're not selling with this three-digit growth

Nine months into the year, postal and courier service provider Curiero posted a turnover worth 5 million euros, a three-fold increase against the same period last year, according to company representatives. The substantial growth Curiero has witnessed this year has led to the postponement of discussions regarding the sale of the company to 2008. “It is not the right time to sell. Curiero is seeing a three-digit growth and, most importantly, it has the resources and the know-how necessary to continue this trend,” said Bogdan Carcu, founder and chairman of Curiero. Last year, the company logged turnover worth 3.5 million euros, and this year expects business worth over 8.5 million euros. “We will probably sell when we are on the top position and still seeing a 30-40% growth. Curiero’s growth is much higher than those in the European Union, where there is a one-digit or two-digit growth at most,” adds Carcu. The majority of growth will be derived from the private post segment, which is forecasted to reach 4 million euros, almost half the total business.