In 2011, Marelvi posted 5.2% lower turnover, at 162.5 million lei (EUR36.1 million), while its net profit decreased 19.6%, to RON3.7 million, according to Finance Ministry data.
The company’s strategy over the next period targets the development of strategic partnerships with brands Liebherr, De Dietrich and Fagor, which are marketed on the local by Marelvi, as well as the expansion of the products portfolio under the own Serreno brand.
Over 43% of the company’s turnover is represented by refrigerators.
Marelvi was set up in 1995, and it is fully owned by natural person Elvira Mihalescul. It employs 100 people and has four logistic unit in Romania. (EUR1=RON4.5026)