The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Transportation / Storage Warehousing And Support Activities For Transportation, Postal And Courier Activities Postal And Courier Activities 53 - Postal and courier activities
98 jobs Number of planned job creations
Announcement Date
26 April 2006
Employment effect (start)
Foreseen end date
31 December 2006
Description
The Bucharest-based cargo and fast courier service operator TCE, member of RTC holding, estimates a turnover worth EUR 11 million in 2006. This is a 70% increase against last year. The company will invest EUR 1.5 million this year and is expecting a market share increase from 15% to 18%.
The number of employees increased from 280 in 2004 to 650 in April 2006. By the end of the year, the workforce is estimated to have increased again by 15% due to the opening of two hubs (warehouses for merchandise sorting and for fast shipment into the country) in Arad and Braşov.
Sources
26 April 2006: Ziarul Financiar
Citation
Eurofound (2006), TCE, Business expansion in Romania, factsheet number 63403, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/63403.
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