The group upwardly revised its revenue estimate for this year, now counting on a 20% revenue increase against 2013. The company had initially projected 10% revenue growth for 2014, from last year’s EUR28 million level.
“The year started with higher-than-expected revenue growth, of around 30%, and our estimates about 2014 revenue trend envisage an increase by at least 20% against last year,” Marius Raia, general manager of Casa Rusu, told ZF Transilvania.
At the beginning of this year, the group of Timisoara had 15 own stores and 13 stores in a franchise. The group in the first quarter completed a project of RON23.5 million (over EUR5 million) related to the expansion and upgrading of the furniture plant of Dudestii Noi, Timis county.
The group currently has over 1,000 employees and plans to reach 1,150 employees this year.
(English version by Catalina Apostoiu)