TNT seeks 40% growth in 2004

TNT Romania, the local branch of European express delivery service company TNT Express, last year achieved 60% turnover growth in ROL, its officials announced. This means the growth in euros was over 30%, to some 12.5 million euros. With 43% market share in Romania, TNT’s local branch client list includes companies like Honeywell Garrett, ING Barings, MobiFon, ABN Amro Bank, Sony or Xerox. “Last year’s growth was primarily due to the expansion of the air transport capacity once we introduced the Bae-146 aircraft in mid last year, which operates daily flights from the Otopeni Airport. At the same time, the overall domestic market is growing, following the foreign trade increase and the entry of the major players on the market,” Mirela Nemtanu, TNT Romania marketing manager, stated. The aircraft, which can carry 10.5 tonnes, is the property of the company’s airline division, TNT Airways. “We plan to attain at least 40% growth in ROL this year, partly because TNT will be expanding its air transport capacity by introducing a new charter flight on the Cluj Airport in no more than two months. It will be servicing the central and NE Romania,” Nemtanu added. ZF