General manager and company owner Sorin Minea says he wants to open two new stores selling Angst products soon.
“The pandemic was not a good time for development. We’re beginning just now.”
This is the second attempt at retail by Angst after selling the 20 stores it had to Mega Image in 2014.
Sorin Minea says the Angst brand will remain in certain Mega Image stores, as long as it benefits it.
Minea family owns 100% in Angst Ro, a business that posted RON81 million revenue in 2020, 20% lower year-on-year.
Another company of the group is Angst Bistro, whose revenue stood at RON9.6 million last year, 20% lower than in 2019. Angst Bistro handles the ready-meal operation of the group using the Merinde Urbane brand.
There is also Angst Retail, which posted RON5 million revenue, an increase of 7% on 2019.
(English version by Loredana Fratila-Cristescu)