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Gefco carrier in talks to take over H&M and Lidl's logistics

25.11.2009, 16:57 10

French-held Gefco, a part of the Peugeot Citroën group, iscurrently in negotiations to take over transportation for severalcompanies that intend to tap into the Romanian market, such asH&M and Lidl. "There are companies intending to enter theRomanian market or to develop their operations here. We arenegotiating with H&M, Kiabi and Leroy Merlin. The rate ofoutsourcing will continue to rise in the coming period, ascompanies focus on their core business," said Denis Renard, generalmanager of Gefco Romania. Gefco representatives did not wish tocomment on when the partnerships for transportation and logisticscould be sealed with the retailers, since negotiation is in itsearly stages. H&M clothing retailer started to test theRomanian market recently, looking at the level of rent, sales inretail centres and available commercial spaces.

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