Logistics group’s sales up ten-fold in Romania in eight years

French logistics group Gefco recorded last year in Romania a turnover of EUR 52 million, up 10% over 2013. The business increased ten-fold compared to 2006, its first year of activity in Romania, when it amounted to EUR 5.2 million. The company managed to double its turnover in only one year, reaching EUR 11.9 million in 2007, whereas the number of employees grew from 16 to 34. Last year, Gefco had 106 employees. The local subsidiary generates 7% of the regional turnover, said Pierre Jean Lorrain, Gefco director for Central Europe, Balkans and Middle East. In 2015, the group wants to increase by 15% for market clients and to focus on overseas services and logistics. editor@romania-insider.com