Logistics company KLG Europe Logistics targets a EUR 25 million turnover this year, up 10% on 2014.

It also plans to invest at least EUR 500,000 from its funds, to acquire equipment and technology for its new deposit capacity, reports local Capital.ro.

In 2014, the company invested some EUR 5.6 million in expanding its logistics platform at its central hub near Bucharest.

KLG Europe Logistics wants to increase its customer portfolio and is already discussing with ten new companies which have decided to externalize their distribution and logistics services.

The company wants to reach this year a EUR 1.5 million gross profit.

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