Cristi Borcea, a shareholder of Dinamo football club, made a 9.6
million-euro gross profit, i.e. a 47% margin from a company
specialising in transportation of petroleum products for big
companies in the sector, such as Petrom.
Although market conditions were unfavourable to petrol and diesel
oil commerce, with fuel sales down by around 6% last year, the
business in which Borcea holds 50%, Transpeco Logistics &
Distribution, managed to report a 13% rise, to 20.3 million euros,
according to Trade Registry data.
Carrier Transpeco Logistics & Distribution, which in 2009 held
a 313-lorry fleet, ranks among the top ten transportation companies
in terms of fleet, according to the Romanian Road Transport
Authority. The top three rankers are Edy Spedition (controlled by
Alin Popa), Transilvania Import Export (a part of Micula brothers’
European Drinks group), and Arabesque (held by the Rapotan family
in Galați), with over 500 lorries each.
ZF English
Borcea makes 20m euros from fuel transport
Cristi Borcea, a shareholder of Dinamo football club, made a 9.6 million-euro gross profit, i.e. a 47% margin from a company specialising in transportation of petroleum products for big companies in the sector, such as Petrom.