Transics, Europe’s leading player in high end fleet management systems for the transport and logistics sector, is successfully implementing the ambitious geographic expansion plan announced earlier this year. The company is pleased to report that it has won numerous contracts in its new markets of Central, Eastern and Southern Europe, including a large deal with Codognotto, the leading Italian transport group.
At the start of this year, Transics announced its intention to accelerate its European expansion, mainly in Southern and Central Europe. The company recruited local sales and project management teams and developed a network of partners in those new territories. Today, Transics is pleased to report that its strategy is bearing fruit.
The best illustration of this early success is the recent deal closed with Codognotto transport group, a large Italian long-haul transport company operating a fleet of 300 vehicles. "Transics has met our rigorous and extensive requirements. We particularly appreciate the comprehensiveness of the all-in-one system, which includes sophisticated functions such as satellite navigation, CAN Bus, the Digitach Card Reader, etc. Finally, we were also swayed by Transics' European market leadership in high end fleet management solutions, a title they truly deserve as their product offering really sets Transics apart in the market," said the Codognotto's Board Of Directors.
Like Codognotto, many transport companies in Central and Eastern Europe have recently decided to equip their fleets with Transics on-board computers. In Romania Transics has closed its first deal with Kefalonia for 74 trucks. In Poland, Transics notably closed deals with Ryftrans (130 trucks), Transbud Katowice (JAS FBG, 169 trucks) and Wega-a (74 trucks); in the Czech Republic the company signed up Helicar (100 trucks) and Zdar A.S. (51 trucks); in Slovenia Ploj (71 trucks) became a customer; in Lithuania Transics signed up Amber Cargo (70 trucks) and in Hungary Fazekas Insped (50 trucks).
Transics delivers tangible ROI
Transics’ CEO Walter Mastelinck explains why so many transport companies turn to Transics’ fleet management solutions: “With operating costs on the rise, not least due to soaring diesel prices, today’s economic environment is particularly challenging for logistics and transport companies. Facing squeezed margins, carriers consider our solutions a sensible way of making substantial cost savings. If we take the example of fuel prices, using our fleet management solution can reduce these costs by over 15 %. This rapid payback is convincing more and more carriers to take the step to install Transics fleet management solutions. Thanks to our experience, product expertise and customer-centric approach, we’re well positioned to provide them with the best value for money. That is why we are well on our way to exceed our objective of 25% organic revenue growth in 2008.”
Transics International NV, quoted on Euronext Brussels, develops and commercialises high-end fleet management solutions (on board computers, software and services) for the transport and logistics sector. With an installed base of over 53,500 on-board computers, Transics is a leading European player in its sector. Transics has its headquarters in Ypres (Belgium), and is active in 23 European countries.
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