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Couriers seek to dispatch rivals post-haste

After two hard years of coping with the economic gloom and several bankruptcies in 2010, managers of the largest courier firms active locally told The Diplomat – Bucharest how much the market - estimated at EUR 200 million for this year - has slowed, what their business expectations are and where the growth potential opportunities may pop up. By Magda Purice

December 2011 - From the Print Edition

Compared with last year, when the local courier market saw several important M&A transactions, 2011 is expected to be defined by the consolidation of business and customer portfolios, through pricing policies, greater operational capacities and, at least, some investment in online infrastructure. While some players, such as TCE Logistica, one of the largest local competitors, tentatively predict growth of between 5 and 10 percent for this market in 2012, other companies think that the courier se...

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