Fan Courier changes business strategy to continue to grow - financiare.ro
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News » January, 2011 » 18 January 2011

Fan Courier changes business strategy to continue to grow
18.01.2011, 23:37 | Business | 933 views



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.

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