Exclusive    Dragos Geletu, KLG Europe Logistics Romania: The financial stability of a business will make the difference in 2012

Logistics will continue to see a growth potential this year, due to the companies’ tendencies to outsource these services, according to the manager of one of the leading company in logistics segment.

2012-03-21 14:49:16

“The companies will transform the fix costs in variable costs, in order to optimize the logistics process by reducing stocks and increasing the volume of direct deliveries, “said Dragos Geletu (photo), GM of KLG Europe Logistics Romania. According to the manager, the main challenges will be represented by the services suppliers operating in transports and logistics, especially regarding the cash flow, by collecting the debts within the context of increasing fuel and utilities’ costs. “the financial stability of a company will represent a major advantage and it will make the difference in many situations,” Geletu stated. 

Regarding the company’s strategy for this year, KLG Romania plans to build a new deposit in Bucharest, exceeding 10,000 sqm but overall, the investments are similar with the previous year’s. Still, in 2011, after it expected a turnover of EUR 18 million, KLG managed to exceed the initial plans at reach EUR 20 million turnover, compared with EUR 15.5 million attained in 2010.  “Back in 2007 when we entered the local market, we planned a turnover of EUR 2 million, but we ended the year with EUR 7.5 million in turnover,” says Geletu. In 2008 and 2009, years when the market in Romania had started to slow, the company almost doubled its turnover. In 2010, KLG invested over EUR 20 million in the Prologis Park.For 2012, KLG Romania plans to attain a turnover growth of 20 percent.