UPS sees 30% growth

Trans Curier Service (TCS), the authorised representative of UPS, the American express shipping company, estimates it will make $4.1 million turnover this year, up around 30% on last year. TCS’ turnover has grown by 30% to 40% every year since 2000, chief executive Iulia Nartea said. TCS has 85 staff in Bucharest and 60 in the rest of the country, and made net profit of around $56,000 last year. The end-of-year figures were expected, given the company’s investment in a new operational hub at Bucharest-Baneasa International Airport. UPS started operations in Romania through Romtrans (founder of TCS) in 1990 and currently has two operational hubs – one in Bucharest and another in Timisoara. Other companies authorised to provide postal services in Romania include: Compania Nationala Posta Romana (Romanian Post Office), TNT Romania, DHL International, Romexpress Service LTD (FedEx), Fun Courier Express, Direct Mail Solutions, Direct Mail and Press Distribution and Alo Curier Services. ZF