16-06-2020
Aras Kargo is one of the leading Turkish parcel services providers, generating annual revenue of TRY 1,370m (approx. EUR 215m) in 2019 and transporting about 150m parcels and documents per year. Austrian Post initially acquired a 25 % stake in the company in July 2013. The carrying amount of the shareholding equaled EUR 23.3m as at 31 December 2019.
Source: Austrian Post