Courier companies embark on investment spree

The largest courier companies will invest over zł.50 million in 2004 to construct shipment centers and terminals in Poland. After EU accession, the sector now expects a further boost in demand, with growing importance of connections to Russia and the Baltic states. Last week, an over EUR 3 million investment decision was made by TNT Express, which will create "The largest hub of our company in this part of Europe after Vienna," explained Paweł Góra from TNT. The company believes that the volume of transported goods to the East will increase 2.5 times over the next ten years, mainly thanks to growing trade between the EU and Russia. Masterlink Express has so far decided to invest zł.15 million to construct a large sorting facility, but it will also open new outlets. DHL Express in turn will also spend zł.25 million to build two terminals in Gdańsk and Wrocław. (Parkiet, p. 7) M.M.