Edy group expands transport service for rail and river

Edy group, which is based in Hunedoara and expects to see business worth 100 million euros this year from transport, distribution and logistics, for clients such as Coca-Cola, IKEA, Unilever, Interbrew and Romstal, aims to become a player on a regional-scale by entering new segments in the transport sector. Edy group has registered one of the fastest-growing turnovers over the last five years, from 9 million euros in 2002 to 100 million euros this year. “Our latest project involves developing our business at a regional level and expanding our activity into other types of transport, such as rail and river transportation. Our main investments aim to increase our fleet of lorries, develop our network of logistic centres and create a hub, as well as improve our support activities” said Mircea Darabant, administrator of the Edy group. The decision to become a regional player will most likely involve an acquisition, however, company representatives were unable to provide any details. Grup Feroviar Roman (Romanian Railway Group), a major player in the railway goods transport industry, has recently made acquisitions on the Serbian market and has, along with others, submitted an offer for the Hungarian carrier MAV Cargo. Edy group posted 46.5 million-euro turnover in the first months of the year and estimates to close this year with business worth around 100 million euros. The main company within the group is transport company Alin Trans Impex, which last year accounted for around 75% of the group’s entire turnover.