Fan Courier changes business strategy to continue to grow
Fan Courier delivery services provider, one of the biggest
Romanian-held couriers, owned by Romanian entrepreneurs Felix
Pătraşcanu, Adrian and Neculai Mihai, ended last year with turnover
worth 189.7m RON (around 45m euros), up 13% in RON year-on-year,
according to the company's representatives.
"We've hit our targets as regards revenues, but we couldn't reach
the set profit margin because of the rising fuel prices, which
account for almost 30% in the company's expenses," stated Adrian
Mihai, the youngest shareholder in the courier, who also is also
the business development director of the company.
"Last year, we sealed a lot of contracts even with clients for
which we had to deliver just five envelopes per month. We signed
between 200-300 new contracts per month, much more than in the
years of economic growth, but the value of contracts was lower,"
stated Mihai, who explained that turnover growth came from the
broader client portfolio.