Fan Courier Express invests 4m euros

Fan Courier Express, the second leading domestic courier company in terms of turnover, has earmarked more than 4 million euros for investments in 2005. The company was set up in April 2001 after an initial investment of one million euros and is a provider of commodity transport, courier, distribution and valuable goods transport services. “We chose domestic courier services because, at the time, the quality services provided by big international companies came with rather high price tags for the Romanian market and there was a need for a company that could provide low-cost quality services,” said Marius Ivan, Fan Courier”s sales manager. Fan Courier Express made 10 million euros in turnover in 2004 and has made 3.5 million euros in turnover in the first quarter of 2005, following the overall growth trend on the Romanian courier service market. ZF