Pall-Ex’s ambitious European expansion plan remains on track, despite the economic volatility gripping the Continent, deputy MD Cris Stephenson has said.

Pall-Ex has set itself the target of having a 15 country-strong network of European franchisees by 2015.

Stephenson confirmed its European expansion was “on track, and unchanged”.

He said pallet networks’ inherent efficiencies and co-operative approach meant that, despite Europe’s troubles, they “play into that quite usefully. In times of economic trouble they are [often] a better option.”

Pall-Ex is due to launch its French network with partner De Rijke in March 2013, and Poland, which is being run by KMC-Services, is on course for launch next May.

A sixth European partner in an as-yet undisclosed country will also be revealed during 2013, with two further announcements likely in 2014.

Although not confirmed, Pall-Ex has suggested that a tie-up in Turkey is likely sooner rather than later.

The pallet network recently confirmed that C Butt would be taking on the postcode currently run by member Mainland next year.