The first figures reported by couriers show the market is recovering and this year’s forecasts are even more upbeat.
DPD courier (the former Pegasus), controlled by France’s GeoPost together with Turkey’s Yurtici Kargo, ended last year with turnover worth 29m RON (6.9m euros), up 30% in RON from last year, according to the company’s officials and ZF calculations.
“The increase came as we expanded collaboration with certain major clients and contracted new clients, particularly from the field of e-commerce and from the retail one,” stated Sorin Ghinescu, a marketing and corporate manager with DPD, without specifying the clients’ names.
As regards income, though, DPD’s officials did not disclose its value, but only said the firm stepped into the black after having posted losses of 2.2m RON (520,000 euros) in 2009, according to Trade Registry data.
DPD will operate further investments this year, earmarking a 2m-euro budget to develop IT systems, modernise the hub of Sibiu and the main warehouse of Bucharest, and also promote its brand.
“We expect 35% increase in revenues this year. It is difficult to anticipate what will happen in 2011, but we expect a rebound of the economy, especially in the second half,” Ghinescu said.

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