Schenker Romtrans puts 2009 turnover decline at 30%

DB Schenker, one of the world’s biggest transport services
providers, a subsidiary of Deutsche Bahn group, with 19bn-euro
turnover in 130 countries, in 2009 reshuffled its Romanian
operations, after having paid 90m euros to take over Romtrans
shipping company in 2008. Albin Budinsky, a CEO with Schenker
Romtrans, a company born in the wake of the Schenker-Romtrans
merger, says the first half of this year will be as difficult as
the first half of 2009, and that he can make no projections about
the second half because of the current difficult conditions.
Budinsky, 44, says 2009 figures are not final, yet. “A turnover
decline will undoubtedly be felt, which I put at around 30%”. The
company’s official compares the transport business to a
supermarket, with a wide product range. “It would be a positive
thing if demand returned to the level of two years ago,” he says.
Last year, the company’s shareholders took several steps to offset
the crisis fallout, including layoffs, the restructuring of the
some departments and also the expansion of the product
portfolio.