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German Otto will invest 50000000 euro to expand distribution facilities in Russia

2013-08-26    Font Size : Big  |  Default  |  Small

Autoart group (Otto Group) announced a few days ago, the logistics infrastructure will be 50000000 euros investment in the Russian market, and will provide third party retailers open service network.
The Otto will be located in Russia Tver city (170 km from Moscow) expansion of the logistics center twice, in 2014 will increase 690 jobs. At the same time, to 2015, Otto will be called "Parcel Shop Network" (by the German company Hermes and DPD operations) courier service network extends to Russia's 150 City, there will have 1000 packages aggregation point.
Otto CEO Martin Schierer said the group Russia Company, improve the logistics network is to supplement the whole service system. Last year, Otto has delivered more than 15000000 packages for the Russian postal, the cooperation is very important for Otto company. Martin Schierer says, at present, the two organizations are working together to improve the quality of service.
According to market research firm eMarketer, e-commerce growth in Russia in 2012 20%, reached $20920000000. Russia has a population of 140000000, of which 61000000 people use the Internet, 26000000 people participate in online shopping, and the number is still growing.
Otto the company's turnover has been the double digit growth since 2006, 2012 up to 547000000 euros. A spokesman for the company said, the next few years goal is to achieve a turnover of 1000000000 euros. If the Otto in the local set up a perfect system of logistics service, other online retailers will use the Otto service.
At present, Otto has a logistics warehouse and a customer service center in Russia Tver City, there is a customer service center in Samarra City, a business office in Moscow City, a total of 2000 employees.
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MYEX Minya Express International
2013-08-26