Flanco revenues rose 17% last year, compared with RON663 million in 2014.

“This is our best year in history. We registsred a turnover of RON777 million, while the target was RON750 million. We ended 2015 with 1,357 employees and 100 stores. We currently have 104 stores and in two days, we will have 106,” Sirbu said.

Flanco representative added that the sales of flanco.ro website rose 60% last year and will reach 20% in 2016.

In 2015, Flanco invested RON10.6 million in the opening of 12 new stores, in flanco.ro website and in the optimization of IT platforms.

For 2016, the company targets a 20% sales increase, on a market estimated to grow 12-14%. The company also plans to open 30 new stores.

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