Press Release, 16 January 2008
Pegasus Courier– one of the major supporters of Caledonian Ball


For the 5th year, Pegasus Courier SRL has been one of the major sponsors for the Bucharest Caledonian Ball and in addition has provided the staff to run the main aspects of the event.

Bucharest’s 10th Caledonian Ball took place in the Cercul Militar, on 23rd of November 2007 and gathered around 350 guests for the purpose of raising funds for
Ziarul Financiar - 9 november 2007
Pegasus seeks partnership for expansion

Courier company Pegasus, which forecasts business worth between four and five million euros from courier services, will sign a partnership with an investment fund or a strategic partner, with a view to continuing expansion.

“Over the course of this year, we have had talks with several investment funds, as well as with players in the field o
„Business Standard” – 31 May 2007
Development Pegasus to invest 2 million euro in Sibiu sorting center

Express courier company Pegasus will invest up to €2 million by the end of the year to develop its package sorting center in the city of Sibiu, Pegasus General Manager, Lucian Aldescu, told Business Standard. The investment is part of an approximately €4 million loan the company plans to obtain from Raiffeisen Bank this September. Al
"Business Review", April 2005
International parcel market signed, sealed, delivered

The international deliveries market in Romania is one of the fields primed for further development in the near future as it contains competitive players. Demand for international shipments grew, while companies expanded their activity countrywide.
A study by Synovate Romania, a market research company, places DHL International
"Press Release", September 2005
The winged horse “delivers” healthier teeth for the institutionalized children

PEGASUS COURIER SRL in collaboration with OPEN DOOR MEDICAL CENTER, in Bucharest are supporting the charitable project of Dr. MARIEH AKBARZADEH (UK), project which is aiming to provide professional dental consultation & treatment to aprox. 50 disadvantaged children coming from Placement Center nr1 and Placement Center nr.9 in Buch

"Daily News", October 2004
Pegasus Sponsors Best Chef of Bucharest 2004

On the 24th and 25th of October, food connoisseurs will be able to celebrate the art of cooking at the Sixth Annual Culinary Contest. The Best Chef of Bucharest 2004 is a fund raising event for The National Museum of Art.

The National Museum of Art is hosting for the sixth time the Best Chef event in the Throne Hall for one night to toast t
"Bucharest Daily News", December 2004
Starting a life on the street

James Gray-Cheape is running a delivery company in Bucharest. He started his business seven years ago, giving jobs to kids from orphanages to work as couriers and providing them with a chance to start a career.


George Porfir knows every street in Bucharest by heart. He rode his bike back and forth across t

"Financial Times", August 2002
A challenge to institutionalised ideas

It was during a visit to Romania in 1996 that James Gray-Cheape, a British businessman, decided there was a niche in Bucharest for an intra-city courier service. Friends told him it was too soon - that the economy was not fully developed and there was insufficient foreign investment. But Mr Gray-Cheape's personal ex
"Harpers & Queen", October 2002
Harpers & Queen

34-year-old James Gray-Cheape, is no stranger to the problems that arise when you start trying to change social attitudes in Romania. A Gulf War veteran, he came to Romania six years ago after he left the army, intent on avoiding the monotony of a job in the City. In the lobby of the Hilton Hotel in Bucharest, he sips an espresso, and talks in a
"Bucharest Business Week", February 2001
Pegasus bear gifts

Pegasus, the courier services company, has extended the project ‘Gifts for kids’ in 2000 owing to the success registered in the previous year and managed to keep the interest alive in protecting institutionalized children and giving them a chance to spend a wonderful Christmas.

The project, which has been developed over th
"The Business Review", January 2000
Gifts for Kids

Children of Orphanages number 3, 8, 9, 12 and “Gavroche Center” in Bucharest received Christmas presents at Circul Militar, on December 19th, in a ceremony organized by Pegasus and Save the Children (Romania) organization.


The money for gifts came from the sale of over 950 hand made Christmas cards done by 76 children in the orph

"Bucharest Business Week", February 2000
Most Admired Companies Awards - Corporate Citizens Award

Pegasus was nominated in the “Corporate Citizen Awards” for Corporation and Community project that showed best teamwork for the “Gifts for Kids – Christmas Card” project – 1999.


"Bucharest Business Week", March 2000
Pegasus delivers

After nearly 3 years on the Romanian market, James Gray-Cheape rightly considers his business a real success story. With a massive 300% increase in turnover in 1999, Gray - Cheape’s PEGASUS courier service has not only become a necessity for the majority of multinationals here but also for an increasing number of local companies.


"Bucharest Business Week", April 2000
Only 5% of profit deductable for charitable sponsorship and donations

Lucian Aldescu, General Manager Pegasus:

“The Government’s support for sponsorship is minimal. The amount deductible from profits is very small so that most companies, including Pegasus, pay for their community and charity projects with their own money. If there were certain benefits I am sure the sums allocated for di
"Ziarul Financiar", August 2000
U.S. Express Mail company Airborne comes to Romania through Pegasus

AIRBORNE Express, the third largest express mail company in the United Sates and the fifth largest in the world, has concluded a partnership with Romanian firm Pegasus thereby of extending Pegasus’s service range to now offer International import and export of documents and packages.

“Airborne Express prefers to extend its activity
"The Business Review", September 2000
Pegasus earns its wings

Pegasus Courier last week announced that it has signed a partnership contract with the American company Airborne Express. “When I was doing research for Pegasus in 1996 and 1997, I visited Prague and there were people there who already had a partnerships with Airborne Express,” James Gray-Cheape, Managing Director of Pegasus / A
"Bucharest Business Week", September 2000
Pegasus gets Airborne

Pegasus Courier will expand its coverage to more than 200 countries worldwide, following its new partnership with Airborne Express. The company handled a total of 1.5 million packages last year. “We are expecting the number to increase quite significantly this year, due to this very important partnership,” said James Gray-Ch
"Cotidianul", March 1999
Wheeled Warriors

“I come to work between 8 and 8.15 a.m. I take the packages that I have to deliver, pull my bicycle out of the garage and then ride it all day long,“ Vali Neagu, 23, says.


He has been working as a courier for one year and three months now “I have a great time,” he says: “What can be better for a young men like myself exc
"In Review", June 1998
Pegasus plugs the Intra City Courier Market

When 29-year old Scot James Gray-Cheape announced he was intending to start an intra-city courier service in Bucharest many people simply diagnosed it as a symptom of too much cold wind blowing up his kilt. When he added that he planned to recruit orphans into his courier team, most people decided the diagnosis was much more serious than that. But 10 mont
"In Review", October 1998
Size does not count

BRITISH INVESTMENT REVIEW Britain has always produced entrepreneurs; a breed who thrive on being told “It won’t work here.” In Review talks to some smaller British-backed companies and some individuals making a difference in the Romanian market.


James Gray-Cheape had first visited Romania two years ago to renew an acquaintance w

"Bucharest Business Week", October 1998
Corporate Challenge For Children

Nibbles off the grapevine


Eight staff members of BBW limped into this newspaper’s offices Friday morning foot-sore but with grins of satisfaction spread across their faces.


Journalists, editors and marketing staff had joined more than 300 brave and athletic souls who braved the weather last Thursday evening to ga