TNT expects 30% growth in 2007

TNT, leader of the Romanian courier services market, has budgeted a turnover worth about 33 million euros for this year, counting on rising international exchanges with EU countries.
“For 2007, we expect to witness a growth of at least 30% in the wake of investments we will operate and owing to the development of international delivery services, which will see spectacular growth in the following years.
At the same time, a series of multinationals are starting to develop significant production facilities in the area, which will trigger positive chain reactions for the domestic partners of these companies,” stated Bogdan Enache, country manager with TNT Romania.
TNT, part of Dutch TNT Express group, operates international and domestic courier services. However, international shipments account for 85-90% in the companyes turnover.
TNT last year generated a turnover exceeding 25 million euros, witnessing growth of almost 25% year-on-year. At the same time, the companyes gross income advanced by 30%, to some 5 million euros.
TNT is retaining its position on the market through massive investments in infrastructure, traffic lines and connections, and through the opening a new operations centre in Henri Coanda Airport (Otopeni).
TNT will further invest in the development of sorting centres in Timisoara, Cluj-Napoca and Brasov, and also in the development of its services network. Though it started out as a company that delivered small parcels, it has continually expanded its service network.
“As it has defined and diversified its services, TNT has built a business strategy providing its domestic partners with solutions for the delivery of large freight volumes,” said Enache.
At the same time, a new 16.5 tonne Boeing 737-300ERF aircraft of TNT the Express fleet has been assigned for use on the Romanian international courier and transportation market.
TNT Romania has around 20 offices nationally, 388 employees and a fleet of 170 vehicles, with its main rivals on the market in international courier services sector being DHL, UPS and FedEx.
International shipment services account for around 40-45% of the overall courier services market of Romania, which is worth approximately 130 million euros, according to a Datamonitor survey quoted by the company.
The courier services market is one of the most dynamic markets in Romania, witnessing sustained growth each year.
TNT Express is a world-leading provider of express delivery services and it defined its position on the Romanian market in 1999 by acquiring a 100% stake in ROMCARGO company.
The company delivers 3.5 million parcels weekly, documents and freight in more than 220 countries and operates with over 19,000 road vehicles and 43 aircraft.