Romania's Competition Council is analyzing the transaction through which Delivery Solutions S.A.(Sameday) intends to acquire Cargus S.R.L. and its subsidiary, EOPS Solutions S.R.L.
Sameday is aiming to expand its network fast this year, as well, keeping the annual investment pace of EUR50 million to EUR60 million, as in the last few years, says CEO Lucian Baltaru.
Sameday, held by eMag Group and one of the leading players in the courier services industry, has become shareholder in IT and digital marketing services provider Zitec by acquiring the 24.9% stake previously held by eMAG over the last eight years.
Sameday, one of the largest parcel delivery companies in Romania, has budgeted investments of RON150 million to increase its delivery capacity in Romania, Hungary and Bulgaria by expanding the out-of-home network.
Sameday group, one of the biggest players on the courier services market, posted turnover worth above RON1 billion in 2023, up 25%.
Courier services company Sameday, owned by online retailer eMag, reported a turnover of approximately RON400 million in 2020, up 142% from 2019, due to the growth of the e-commerce sector, against the backdrop of the coronavirus pandemic, and to the development of the logistics capacity.