“Bilka ended 2021 with RON1.1 billion turnover, above the target set in early 2021. Last year was by far one of the best performing years for Bilka, but also the year with the biggest challenges,” says Horatiu Tepes.

For 2022, Bilka targets 20% turnover growth, but everything will also depend on this year’s macroeconomic and political environment. For 2022, Bilka has earmarked EUR10 million investments, a major target being the thermal insulation panels plant to be opened in stages by yearend.

The plant is part of a broader, EUR25 million, investment plan.

(English version by Catalina Apostoiu)