English
Czech transport and logistics provider C.S. Cargo plans to expand its operations and to invest in Romania in the first half of the current year. The Romanian market is the company"s main objective in its regional expansion after UniCredit Group, one of the largest financial institutions in Europe became the new co-owner of the logistics holding C.S. Cargo.
UniCredit has recently acquired a 30-percent stake in C.S. Cargo and private investors Marek Lehecka şi Petr Zverinsky remain the majority shareholders. C.S. Cargo officials are convinced that the new minority owner will help improve the company"s position on the market and boost its growth on the regional market.
C.S. Cargo"s main objective is to enter Romanian and Polish markets in the first quarter of 2007, in order to meet the needs of present clients in the expanded region of the new EU member states.
C.S. Cargo is one of the top regional providers of all-inclusive transport and logistics services. Since 1995, when it was founded, the company has been constantly growing and expanding its activities and services. In 2005 the holding reported a turnover of approximately 70 million EUR, which increased to 100 million EUR in 2006.
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