Paulo Duarte Group with €120M turnover in 2022

 In Logistics, News, Transport

The Paulo Duarte logistics group ended 2022 with a €120 million turnover — double the amount posted in 2021.

€69 million of this amount is attributed to the parent company in the group, Transportes Paulo Duarte.
The group also invested €10 million to consolidate its operation with HurTrans and HRBG and is about to complete its third purchase in Spain.
The company says that despite inflation, rising fuel costs and difficulties in taking on manpower, and renewing its fleet, Paulo Duarte Group invested €10 million in consolidating its operation with Spanish hauliers HurTrans and Hijos de Román Bono Guarner (HRBG) acquired in 2021.
The group is now concluding its third acquisition in Madrid.
The Paulo Duarte Group expects to achieve a €176 million turnover by 2026 and will continue with its International expansion drive including Northern Europe with Germany and Poland topping the list, with the group taking advantage of a growth in clients.
The group currently has around 1,200 staff, over 1,000 are drivers — and a fleet comprising 1,300 latest generation lorries which enable the company to not only transport a larger volume of goods, but also make greater savings on fuel and reducing emissions.