TCE Holding increases turnover by 15 percent on Q3

Newsroom 23/11/2011 | 12:39

TCE Holding, a Romanian company specialized in transportation services, has reported a 15 percent increase of its market share to EUR 16 million, in the first nine months of 2011, while the operational profit stood at EUR 900.000. The volume of transportation has increases by 10 percent on Q3 versus the same period of 2010.

“The number of TCE clients has increased by 10 percent in the first nine months of 2011 and the most dynamic lines of business are TCE Worldwide and the postal services”, declared Sorin Sofian, CEO TCE Holding. Sofian added that TCE is leading in the transports of groupage pallets, for the automotive, furniture or metallurgical industries and that the company has reached 10.000 sqm of deposits across Romania.

TCE Holding operates in Romania through 45 work points, with 2 main hubs in Bucharest and Brasov and 2 mini-hubs for Bacau and Cluj.

TCE Holding reported a turnover of EUR 19 million at end-2010 and had 1100 employees. The company registered a turnover of EUR 11 million for the first semester of this year.

Ovidiu Posirca

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