Fast courier service market to reach 140m euros

The courier market is still underdeveloped and offers many growth opportunities, stated Adrian Mihai, general manager of Fan Courier Express, during the “How to make more profit” seminar organised by ZIARUL FINANCIAR. “This year, Romania’s fast courier service market will grow by 30-40%, against the 100 million euros seen last year,” said Adrian Mihai. “In Central and Eastern Europe, we estimate that the courier service market will reach 2.7 billion euros by 2010,” added the general manager of Fan Courier Express. Fan Courier Express is the fifth biggest company on the postal and courier services market, a market heavily dominated by Compania Nationala Posta Romana (The National Romanian Post Office Company). Fan Courier last year posted a turnover worth 14 million euros, a 40% increase against 2004. The company’s staff increased from 680 in 2004 to 900 last year.