Its profit increased 10% on the year to RON34.4 million and its staff numbers stayed at approximately 3,000.
According to the latest data, the company has 38 Arabesque distri¬bution centers, seven physical stores operating under the MatHaus brand and an online store.
Founded by businessman Cezar Rapotan in Galati in 1994, Arabesque has also expanded abroad. It entered the Republic of Moldova in 2005, when it opened a store in Chisinau, later it entered the Ukrainian market, with the Budmax brand, and afterwards, it expanded to Bulgaria.
Arabesque operates on the Romanian do-it-yourself (DIY) market valued at over EUR3 billion and dominated by Dedeman, the largest Romanian entrepreneurial business and biggest local DIY chain held by Dragos and Adrian Paval brothers. Companies Leroy Merlin, Brico Depot and Hornbach also operated on the local DIY market.