Shanghai Expansion
Europa Air & Sea expanded into Shanghai earlier this year and has announced a new office move to accommodate its growing team, supporting the business’ plans to expand its global footprint.
Europa Air & Sea
Based in the Minhang District, Europa Air & Sea is part of Europa Worldwide Group, a rapidly expanding, privately-owned operator. Europa Air & Sea was established as a separate division in 2015 and has since gone from strength to strength, expanding across the UK and overseas.
From a single overseas site in Hong Kong, 2022 has seen Europa Air & Sea enhance its presence, investing in new offices openings in Shanghai and Dubai this year.
Europa’s company growth
Europa is setting the pace in the market, leading the sector at a time of immense change. The company recently reported a tripling in profits – up to £10m from £3.6m in 2020 – and a record £276m turnover for the 2021 financial year (ending 31 December). For the last 12 months to August 2022, the company has achieved an impressive turnover of £316m, with Europa Air & Sea contributing to this robust financial performance.
The development of the Shanghai team
Since the opening of the office in Shanghai, the business has more than doubled in size with further sales staff due to join in the coming months. This is despite several challenging months earlier on this year which saw the province face lockdowns, as China experienced one of the worst outbreaks of Covid-19 since 2019. Europa Air & Sea Shanghai has continued to increase sales exponentially since its first day of trading.
The team is headed up by Hugo Feng who has an impressive track record, with 14 years’ experience in transport and logistics, as well as a thorough understanding of both the European and Asian marketplaces.
Hugo Feng, General Manager at Europa Air & Sea Shanghai, comments
“The Shanghai office has been operational for 11 months and in that time, we have seen a considerable uptake in the services that we provide. Our cargo shipments have continued to increase month on month, with a particular focus from both Shanghai and Ningbo airports and ports, and the surrounding regions.”
“Despite China’s growth economy declining in 2021-22 due to the pandemic, forecasts indicate that GDP is set to rebound to above five percent in 2023. This coupled with the move into our new offices, will also allow us to further develop Europa’s footprint across the Chinese market as we harness a new period of economic growth.”
Angus Hind, Director of Air & Sea, comments
“We are continually striving to achieve greater global inter-connectivity for our import and export customers in line with trade flow trends, and our Shanghai office is significant in this process. Due to its prime location the office acts as an international hub for the business, expanding Europa’s footprint across the Yangtze River Delta economic circle and beyond.
“We are committed to ensuring visibility in our customers’ supply chain, and this is achieved through not just industry leading technology but by also having Europa offices globally, allowing us to offer Europa customer service from end to end. Europa Air & Sea Shanghai has seen tremendous growth so far and 2023 is set to be no different.”
Europa’s commercial resilience
Europa continues to invest heavily in both its corporate and operational capabilities right across the business. By developing the process and systems which exemplify the personal service which Europa prides itself on and underpinning these with the right technology to optimise efficiencies, the Group strives to enhance its commercial resilience.
