Results 26 - 50 from 50 for "cargus"
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Cargus Expects Parcel Delivery Volumes To Grow Over 60% Until End-November 2021
11.18.2021
Parcel delivery company Cargus expects the volume of parcel deliveries to increase by over 60% until the end of November 2021 as compared to the same period of 2020, the company said in a statement. more
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Cargus Expects Similar Results as Last Year in 2021
10.19.2021
Parcel delivery company Cargus expects the revenue to be the same as last year, one of the best for the local parcel delivery industry. However, the coming period could have a significant impact on more
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Cargus Invests Over EUR1M To Expand Car Fleet
07.28.2021
Parcel delivery company Cargus is investing over EUR1 million in expanding its car fleet by 58 Ford vehicles until the end of 2021, through a partnership with Tiriac Auto, the licensed distributor of more
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Cargus Acquires Majority Stake In Logistics Services Provider QeOPS
06.02.2021
Cargus, one of the largest parcel delivery companies in Romania, is acquiring the majority stake in QeOPS, one of Romania's leading providers of e-fulfilment services and personalized logistics more
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Cargus Revenue Up 8% To RON494M, Investments At Nearly RON59M In 2020
05.27.2021
Parcel delivery company Cargus reported 8% higher revenue, of RON494 million, in 2020, compared with RON454 million in 2019. The increase in revenue was triggered by the advance of online commerce more
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Parcel Delivery Company Cargus Sees 20% Rise in Sales Volume in 2020
02.11.2021
Parcel delivery company Cargus posted growth of 20% in sales volume last year. Its investments in a warehouse, logistics and IT&C upgrades reached EUR11 million. more
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Urgent Cargus Opens Second Warehouse near Bucharest, Doubles Sorting Capacity
11.26.2020
Delivery firm Urgent Cargus, the second largest in Romania, has inaugurated a second warehouse near Bucharest in a EUR7.4 million investment that doubles its sorting capacity in Bucharest. more
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Urgent Cargus To Hire 1,000 People by Year-End
10.26.2020
Delivery firm Urgent Cargus, the second largest in Romania, said it plans to hire 1,000 people by the end of the year for delivery and sorting jobs, of which over 700 in Bucharest, Brasov, Timisoara, more
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Competition Council Clears Urgent Cargus Takeover By Mid Europa
01.09.2019
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Competition Council Looks Into Takeover Of Urgent Cargus By ME Partners Courier Investments
10.31.2018
Romania’s Competition Council on Wednesday said it is analysing the transaction whereby ME Partners Courier Investments SRL will acquire courier services and express delivery company Urgent Cargus more
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Mid Europa Partners Buys Urgent Cargus From Abris Capital Partners
09.27.2018
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Mid Europa, Warburg Pincus, Hungarian Post Finalists In Race For Urgent Cargus
11.30.2017
Hungarian Post and private equity firms Mid Europa and Warburg Pincus are on the short list of investors who could buy courier service and express delivery company Urgent Cargus from Abris Capital more
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Three Suitors Vie For Urgent Cargus
10.12.2017
Private equity firm Warburg Pincus, Hungarian Post and the Austrian Post are on the short list of companies interested to buy Urgent Cargus, the second largest actor on the courier service and express more
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Urgent Cargus Gets RON134M Syndicated Loan From BCR And OTP Bank
08.21.2017
Parcel delivery firm Urgent Cargus has received a club deal-type syndicated loan of RON134 million from lenders BCR and OTP Bank Romania, which will be used for its development, Banca Comerciala more
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Abris Capital Tries To Sell Urgent Cargus Again
07.12.2017
Private equity fund manager Abris Capital is putting courier service company Urgent Cargus up for sale again after negotiations with Mid Europa Partners fell through, market sources say. more
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Urgent Cargus Eyes 20% Higher Revenue In 2015
08.04.2015
Parcel delivery firm Urgent Cargus posted 164.2 million lei (EUR37 million) revenue in the first half, up 21% compared with a year before, mainly driven by the online commerce, the company said in a more
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Urgent Cargus Invests EUR1.6M To Honor Black Friday Deliveries
11.17.2014
Courier services company Urgent Cargus has invested EUR1.63 million to optimize its activity in view of Black Friday sales, when the number of deliveries is expected to rise 125% compared to November more
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Cargus And Urgent Curier Merge Into Second Largest Player On Local Market
10.22.2014
Courier service companies Cargus International and Urgent Curier, owned by investment fund Abris Capital Partners, will merge to become the second-largest player on the Romanian market, with a total more
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Cargus 2013 Revenues Up 20% To EUR25.7M
03.11.2014
Domestic courier company Cargus International Tuesday reported revenues of EUR25.7 million in 2013, up 20% on the year, following investments in infrastructure and services and an increase in the more
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Cargus To Invest EUR4M This Year, Of Which EUR3.2M To Renew Vehicle Fleet
05.15.2013
Domestic courier company Cargus International will invest EUR4 million this year, of which EUR3.2 million will go into renewing its car fleet, and has launched a new logo, which will adorn all the more
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Abris Capital Partners Concludes Acquisition Of Delivery Firm Cargus
04.02.2013
Private equity fund Abris Capital Partners Tuesday said it completed the takeover of Romanian parcel delivery company Cargus International from Deutsche Post DHL. more
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Cargus’s New Owner: We Have EUR450M For Investments In The Region
10.29.2012
Cezar Scarlat, the head of the Romanian office of private equity fund Abris Capital Partners, which has recently bought the second largest domestic courier company Cargus International from DHL, said more
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DHL Sells Cargus Parcel Business To Abris Equity Fund
10.22.2012
German postal and logistics group Deutsche Post DHL has reached an agreement with private equity fund Abris Capital Partners to sell its Romanian domestic express delivery business Cargus. more
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DHL Express Europe: International Shipments Still Up Despite Nokia’s Departure
10.11.2011
The decision of Nokia, the second largest exporter in Romania, to close the plant in Cluj will not affect the local international shipping market, as volumes continue to increase, especially in the more
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International Deliveries Help DHL Achieve 8% Growth In H1
08.31.2011
DHL International, the market leader on the international delivery services segment, saw its revenue go up by 8% in the first half of this year, partly because its 2,000 corporate clients’ include more