The data will be used in ZF’s `Cei mai mari jucatori din economie’ (Key players in the economy) yearbook.
The distributor therefore ended a fourth year of growth in a row.
The growth also showed in the increase in the average number of employees, which went up by more than 130, the company said. Net profit fell from RON25 million in 2016 to RON23 million in 2017, according to the unaudited results.
The owners of the company are Cyprus-based HOLSON Holdings, held by Lebanese shareholders (the Sarkis family), and Rand Sherif, who is also the CEO. Rand Sherif has been running Interbrands since 1999. Interbrands has become the main cigarette distributor in Romania in the past few years, and also made two acquisitions – Wella Romania, Procter & Gamble’s local division of professional hair salon products and Europharm Holding, the distribution company of pharmaceutical manufacturer GSK.
(English version by Loredana Fratila-Cristescu)