Ostahie says next year will be under the sign of some aspects that will negatively impact the business, given rising prices of energy, fuel, as well as food and raw materials.

Nevertheless, the retailer has an investment budget of around EUR20 million, but depending on market opportunities it may go as high as EUR30 million.

At present, the retailer has 125 physical stores and Dan Ostahie believes there’s still room for growth. Future plans do not envisage only network expansion, but also the relocation of some stores to larger spaces.

(English version by Catalina Apostoiu)