Premium
The turnover of the Romanian postal and courier services market increased by 19% compared to 2019 and exceeded the level of 2011 by 136%, reaching 6.4 billion RON in 2020, according to a KeysFin analysis, sent to AGERPRES on Tuesday.
"We estimate that the growth trend started in 2010 will continue, and that the turnover of companies offering postal and courier services will exceed the threshold of 7.3 billion RON in 2021, as a result of the development of online demand and inflationary pressures," said Diana Florescu, KeysFin economic analyst.
If in 2019 the net result (profit minus net loss) of the postal and courier service providers increased marginally compared to 2018, in 2020 the annual advance was one of the largest in the economy, namely 124%. Compared to 2011, the net result went from a loss of 121 million RON to a profit of 525 million RON.
The Romanian Post Company, the national postal service operator with the highest coverage, is owned by the Romanian state through the Ministry of Transport, Infrastructure and Communications (93.52 pct) and Fondul Proprietatea (6.48 pct) reported in 2020 a turnover of almost 1.3 billion RON (20.2% of total). It should be noted that in 2019, its turnover was 1.28 billion RON, so that the company maintained the previous year's upward trend.
Fan Curier Expres, the leader of the courier segment, continues to gain ground and get closer to the Romanian Post in 2020. The company with 100% Romanian private capital reached for the first time in history a turnover of over one billion RON, having a 28% advance compared to 2019, thus managing to reach 16% of the total market.
As in the previous year, Cargus SRL (494 million RON, 7.8% of the total) maintains its third position in the top players. The highest increase (nominal and percentage) in the top 10 was registered by Delivery Solutions SA (annual advance of 234.6 million RON, respectively 142%) which entered the top 5 on the fourth position unseating Fedex Expres Romania.
Cumulatively, the 10 largest companies generated 75% of the total turnover.
