The company expects steady sales in 2013, Florina Necula, marketing manager of Arabesque, told Mediafax.

In 2011, Arabesque’s turnover amounted to RON1.982 billion (EUR470 million).

The group is controlled by businessman Cezar Rapotan and is present in Romania, the Republic of Moldova, Serbia, Bulgaria and Ukraine. Eighteen of its 38 commercial centers are in Romania.

Arabesque’s sales in Romania fell 8.8% in 2012 to RON1.564 billion, from RON1.715 billion in the previous year, while its net profit rose 23% to RON42.6 million from RON34.6 million. In euro, the company’s Romanian sales fell 13% last year to EUR351 million from EUR405 million.