Courier company DPD Romania ups turnover by a quarter

Courier company DPD Romania, owned by French group GeoPost, recorded a turnover of EUR 8.3 million in the first half of the year, up by 24% compared to the same period last year. The firm estimates a turnover of EUR 22.5 million for 2015, 30% higher than in 2014, reports local Wall-street.ro. The number of parcels delivered by DPD Romania went up by 37% in the first six months of the year compared to this period in 2014. Some 80% of the deliveries were made in the country, and the rest were international. The company plans to become a market leader in the Balkan area by 2020, due to total investments of EUR 15 million, according to DPD representatives. Romania will become an important hub in the company’s European network. DPD Romania is part of DPD group, GeoPost’s parcel delivery network, which posted sales of EUR 4.9 billion in 2014. GeoPost is part of the French group La Poste. editor@romania-insider.com