This growth comes at a time of consumer spending growth of over 10% in 2017, as this particular index is the most important for transport and distribution companies’ business. If the revenue increase again at a more than 10% rate, Aquila Part Prod Com will be joining the club of companies with over RON1 billion revenue held by Romanian entrepreneurs. Leader in the ranking is DIY retailer Dedeman, held by the Paval Brothers, which posted RON6.33 billion revenue in 2017. There are 12 companies held by entrepreneurs in Romania with more than RON1 billion revenue a year.
Aquila Part Prod Com’s profit shrank by RON3 million to RON10 million last year, according to the Finance Ministry data. It had more than 2,200 employees last year.
Aquila has one of the largest fleets in the country, about 2,000 vehicles.
(English version by Loredana Fratila-Cristescu)