Cargus conveyed last year that they were to examine three options for supporting their investments plans: to conclude a strategic partnership, to attract an investment fund or to use a public listing at the stock exchange. The investment plan for 2008 goes up to 10 million Euros as follows: 2 millions each for the vehicle fleet expansion and portable electronic equipping for transmitting the receiver’s sample signature to the sender, 2,5 million Euros for warehouse facilities and 3 millions for automatic delivery package sorting lines.
According to some sources on the courier market, Cargus might be worth close to 50 million Euros, having closed last year with a 29,7 million Euros turnover and estimating a 50% growth in 2008.
