Revenue rose by 7%, while reported profit dropped by 30% amid an extraordinary gain of EUR5.4 million booked in 2012 from fixed asset reassessment, the representatives of Baneasa Development specified for ZF.
Leaving out the gain, Baneasa’s profit advanced by almost 10%.
The stores part of Baneasa in 2013 posted sales of around EUR200 million, up 5% on the year, while Grand Cinema, which sold around 800,000 tickets in 2013, had a contribution of around EUR6 million to the revenue of Baneasa Developments.
For this year, the company’s officials budgeted revenue of around EUR45 million, up around 7%, with Grand Combo, a billiards, bowling and other games club launched in late 2013, due to have a major contribution to this increase.
Baneasa Shopping City mall and Feeria commercial gallery located in front of Carrefour hypermarket in 2013 had almost 22 million visitors and vies, on Bucharest’s market, with AFI Palace Cotroceni owned by Israeli group AFI Europe for the top position.
(English version by Catalina Apostoiu)