For 2016, Arabesque targets a 5% higher turnover of RON1.6 billion and aims to keep staff numbers at 2,700. Its investment plan is envisaged at last year’s level of RON8 million.
In the context of adapting its business to market conditions and extending the range of products and services on the Romanian market and for export, the company expects a net profit of nearly RON47 million in 2016, higher than RON44.8 million in 2015.
End-March 2016, Arabesque opened its 19th store in Romania, in the town of Pitesti, following investments of EUR10 million. The store has a total area of 9,000 square meters and created 100 new jobs.
Arabesque operates a network of 34 commercial centers and warehouses, of which 18 are located in Romania and the rest are located in Ukraine, Serbia, Bulgaria and the Republic of Moldova.