The company said sales of household appliances revived in the January-April period. Large appliance sales increased 15% and small appliance sales increased 10%.
Sales of electronics increased 6%, driven by audio-video devices but hindered by the photo segment, while IT sales rose 2%, driven by tablet sales.
The company continued to invest in its network this year, opening a new store in Cluj and continuing remodeling works that so far included 42 stores. Flanco’s 2014 budget for expansion and remodeling amounts to nearly EUR1 million.
Flanco is one of the largest local retailers of IT&C, electronics and household appliances, with nearly 1,000 employees and 81 stores.