Trans Polonia increases revenues by 182% y/y in 2016, expects the same in 2017 

Transport and logistics company Trans Polonia generated PLN 15.6 million in revenue from sales in December 2016, an increase of 261 percent y/y. In the whole of last year, indicative revenue reached PLN 176.6 million, which represents a 182 percent increase y/y. According to CEO Dariusz Cegielski the company can maintain its current pace of development in 2017. "The December sales are in line with the positive trends observed in recent months. On the other hand, looking at the whole of 2016, it was certainly a breakthrough period for the Trans Polonia Group. We started providing services in the transport of fuels, and after nearly a year of finalizing the acquisition, our expectations as to its positive effects and consequences have been met," said Cegielski. "We do not rule out further growth in 2017 in transported volumes for existing customers and in establishing new commercial relations. On the other hand, in the case of bitumen transport, the much weaker recent quarters, particularly the second half of the year could be revived due to new EU funds for infrastructure investments," he added. Trans Polonia is a transportation and logistics operator offering transportation of liquid chemicals, raw materials, food and bitumen. The company has been listed on the Warsaw Stock Exchange since 2010.