Cigarette wholesale accounts for 99% of the business, but Punctual Comimpex held by entrepreneur Vasile Muresan also handles coffee and phone pre-pay cards wholesale.

The company expects this year’s sales to reach RON700 milion, driven by the rise in cigarette prices. Punctual Comimpex ended 2019 with more than RON641.3 milion sales, an increase of 11.5% on the previous year, ZF has calculated from Finance Ministry data. It posted more than RON8.5 million net profit last year, 35% higher than in 2018.

(English version by Loredana Fratila-Cristescu)