GeoPost Yurtiçi Kargo Expands its Borders In Europe.

GeoPost Yurtiçi Kargo commences its activities in Romania as a result of its partnership entered into with Cargus Romania after Bulgaria. Such new joint venture namely “GeoPost Cargus” which shall carry out its activities in Bucharest shall offer international air express, air-road and road-based services for the Romanian market under the brands Chronopost and DPD.

GeoPost Yurtiçi Kargo has added a new one to its joint ventures in Balkans and Russia and signed an agreement with Cargus Romania in order to establish GeoPost Cargus. GeoPost Yurtiçi Kargo owns a 51% share in this new joint venture with the other 49% held by Cargus. Cargus which is one of the partners that shall strengthen Geopost Yurtiçi Kargo in international cargo market is the market leader in the Romanian cargo transportation.

GeoPost Cargus will initiate installing GeoPost systems and procedures in Romania, aiming to start outbound and inbound shipments before end 2004. In the meantime, GeoPost Yurtici Kargo is proceeding with its expansion plans in other Balkans countries and Turk Republics such as Kazakhstan, Azerbaijan.

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