Get real time updates directly on you device, subscribe now.
The German company EMO Trans, a provider of logistics solutions in transport, with annual sales of over 1.5 billion euros and about 250 offices in 120 countries, takes over the Romanian company Air Sea Forwarders (ASF), operating on the logistics market.
ASF, headquartered in Bucharest, provides air and sea transport services, customs brokerage, warehousing and distribution, while EMO Trans is specialized in air freight services in Germany in 1965.
“This strategic acquisition is a significant milestone in our growth strategy, enhancing our operational capabilities and market presence in Eastern Europe and reinforcing our dedication to providing logistics services worldwide,” said Marco Rohrer, CEO and President of EMO Trans.
The turnover of the Romanian company Air Sea Forwarders exceeded 27.4 million lei in 2023, with a profit of over 1.7 million lei. Compared to the previous year, the company recorded a decrease in turnover by 44%. Air Sea Forwarders reported a number of 28 employees in 2023.
DONATE: Support our work
In an ever changing and challenging world, the media is constantly struggling to resist. Romania Journal makes no exception. We’ve been informing you, our readers, for almost 10 years, as extensively as we can, but, as we reject any state funding and private advertising is scarce, we need your help to keep on going.So, if you enjoy our work, you can contribute to endorse the Romania Journal team. Any amount is welcome, no strings attached. Choose to join with one of the following options:
Donate with PayPal
Donate by Bank Wire
Black Zonure SRLUniCredit Bank. Swift: BACXROBU
RON: RO84 BACX 0000 0022 3589 1000
EURO: RO57 BACX 0000 0022 3589 1001
USD: RO30 BACX 0000 0022 3589 1002