Fercam, turnover above one billion despite the unfavorable economic situation: «Investments in increasingly sustainable logistics» – Economy

by times news cr

2024-05-07 13:09:25

BOLZANO. Despite the unfavorable global economic situation, with a reduction in volumes in the general logistics sector, the South Tyrolean transport and logistics company Fercam it also achieved a net turnover of over one billion in 2023, reaching 1.06 billion euros (less than 6% compared to the previous year).

The company, according to a note, records “excellent results for the ‘Distribution’ sector which, despite a very difficult situation, managed to improve its turnover performance with an increase of 4.6%”. “It was a year of consolidation for the ‘Distribution’ and European logistics sector, crowned by the joint venture agreement with Dachser, signed in August 2023 with the establishment of Dachser & Fercam Italia, operational since the beginning of the current year. We are linked to Dachser by a strong twenty-year partnership and the joint venture perfectly completes the European network of the German operator, which did not have its own structures in this sector on the Italian market”, he states Hannes BaumgartnerCEO of Fercam.

Several projects, postponed due to the pandemic, were started and partly completed in 2023. Thanks to a stable financial situation, Fercam has gradually launched a investments for the expansion of network and vehicle fleet. “The investments – explains the note – have focused above all on an ever greater sustainability of the services provided with a massive use of alternative fuels”. Furthermore, the network of foreign subsidiaries own and, at the beginning of the current year, one was established company in Lithuania, in Kaunas, northwest of Vilnius.

2024-05-07 13:09:25

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