Flanco’s network will expand to 82 stores countrywide.
Flanco reported sales of RON137 million in 2012, up 25% on the year. The retailer expects its sales to climb 15% in 2013.
Flanco Retail, which employs over 900 people, operates the business of former Flanco International. The retailer is owned by The Retail Network SRL, which in turn is 100% held by Iulian Stanciu. (EUR1=RON4.4462)