The retailer is set to open two new stores by December, in shopping centers in Bucharest and Ploiesti, reaching 80 stores countrywide.
In 2012, Flanco had sales of EUR137 million, up 25% on the year. This year the retailer expects its sales will rise 15%.
With a network of 78 stores and 900 employees, is owned by The Retail Network SRL, held by businessman Iulian Stanciu.