Revenue increases by 10 percent in SEE and by 16 percent in Romania • Investment of approx. €21.5 million • Focus remains on growth
The integrated logistics services provider DB Schenker increased its revenue in South East Europe (SEE) by 10 percent to approximately €1.48 billion in 2017.
Romania's revenue alone was €124 million and thus a plus of 16 percent compared to 2016 with €107 million. The company also invested around €21.5 million in the expansion of its network and the modernization of its sites in SEE, approximately €6.5 million being assigned to the construction of a new terminal in Bucharest.
DB Schenker processed more than 11.25 million land, sea, and air freight consignments in the Cluster South East Europe in 2017. The logistics services provider thus increased its consignment volume by more than 2.6 percent from the prior year – and by more than 10.2 percent as compared to 2015.
All signs point to continued growth in contract logistics as well, as DB Schenker recorded a total revenue of €138 million in this segment in Cluster South East Europe in 2017, an increase of 22.6 percent from the prior year.
Focus on growth: Ocean freight increases by 49 percent
DB Schenker also achieved a slight increase in ocean freight in its volume of 247.477 TEU in total South East Europe. Air freight consignment volume in the Cluster South East Europe rose by 13.2 percent to 202.038. Land transport volume increased by 2.5 percent to approximately 10.9 million consignments.
DB Schenker in Romania was able to increase its ocean freight volume by 49 percent in 2017, its system shipment volume by 18 percent and the number of direct shipments by 14 percent as compared to the prior year.
Also DB Schenker reports a positive growth in the customs clearance segment in Romania, with 174.621 declarations submitted in 2017, which represents an increase of 7 percent as compared to the figure for 2016 (162.975).
Long-term investments in South East Europe
DB Schenker remains on course for growth in terms of investment as well. Total investment volume in 2017 amounted to more than €21.5 million. Investments in South East Europe in 2017 focused on the relocation of the national subsidiary in Turkey to a new modern headquarters in Istanbul (approx. €6 million) and on the expansion of the facility in Sofia, Bulgaria (approx. €2 million).
DB Schenker also invested around €7 million to expand office and warehouse space in Liberec, Czech Republic.
Back in 2016, the company invested about €60 million in the expansion of its network and the modernization of its facilities in South East Europe. The integrated logistics services provider’s budget for the current financial year includes investment volume of approximately €40 million for Austria and South East Europe.
DB Schenker in South East Europe currently employs around 7,000 people at more than 80 locations, which offer the complete range of the company’s products and services in 14 countries, from Austria over Romania to Turkey.
New strategic initiative “E-forwarder”
A firm component of DB Schenker´s strategy for 2018 is the digitization of its core business. “We are on our way to becoming an E-forwarder,” explains Helmut Schweighofer, CEO of DB Schenker in Austria and South East Europe. To this end, DB Schenker is seeking to establish a completely digital business process on an international scale that covers everything from tenders to invoicing.
DB Schenker in Romania
With four branches, more than 60 offices in the country and over 1,071 employees, DB Schenker Romania is a top logistics provider that covers widely the national market.
The company offers the complete range of transport and logistics services (Road -groupage-full loads, Air, Ocean, Rail, Contract Logistics-Supply Chain Management, Fairs and Exhibitions, Removals, Project Cargo, Custom’s brokerage and Port Operation), all of them in a tailored integration to meet the customer’s demands and deliver solutions.