AQUILA budgeted investments of €16.9 million for fleet renewal

AQUILA , the market leader in the field of integrated distribution and logistics services for consumer goods, in Romania and the Republic of Moldova, with almost 30 years of experience in this industry, has budgeted investments of EUR 16.9 million for means of transport and warehouse equipment, in line with its sustainability objectives.

From this amount, AQUILA allocates EUR 10.9 million for the purchase of 300 Euro 6 vehicles, to replace older vehicles with less polluting ones and with a higher transport capacity. The company aims to continue investments in technology and operational efficiency, by investing EUR 4.6 million in warehouse equipment. The budget is subject to shareholder approval at the General Meeting of Shareholders from April 29^th, 2024.

“We have committed to long-term development and operational excellence through efficiency and sustainability, key elements for the targeted strategy. We continue investments and the implementation of measures to ensure the necessary resources for achieving the decarbonization goals set and reducing greenhouse gas emissions by 10% by 2026, with 2021 as the reference year. We have a firm commitment to reduce the environmental impact through fleet renewal, optimizing transport routes, streamlining logistics operations, and using alternative energy sources,” said Răzvan Bagherea, Director of Organization and Human Resources, AQUILA.

In 2023, we invested approximately EUR 9 million, of which more than EUR 7 million were allocated to the purchase of over 190 transportation means. With a diversified fleet of over 1,600 vehicles, AQUILA transports goods of all temperature categories (ambient, refrigerated, frozen), both nationally and internationally.

The investments proposed for 2024 target work equipment for warehouses, which ensure higher productivity, such as forklifts, aerial platforms, and wrapping machines that will contribute to reducing the amount of wrap used and consolidate better the goods on pallets.

AQUILA owns 14 consumer goods distribution centers, 4 logistics platforms, and 6 cross-docking points, providing a capacity of over 123,000 pallets, of which 77% are for ambient environment, 7% for refrigerated environment, and 16% for frozen environment.

In 2023, AQUILA recorded the best results since the company’s inception, achieving a 14% increase in both revenues, which reached RON 2.5 billion, and net profit, amounting to RON 97 million.