Franke carries out only import, distribution and retail activities in Romania. In this context, it has around 30 employees. The kitchen appliance manufacturer has expanded its portfolio since 2021. Thus, the company’s local turnover climbed by 20% in 2021, to RON66.5 million. Profit also leapt, by over 43%, to RON3.6 million.
The upward trend is expected to continue this year, with turnover seen reaching RON73.2 million and profit RON3.8 million.
“We see 2022 as a really challenging year. We’ve budgeted 10% higher turnover, but the market is proving increasingly cautious,” says Florin Porojan, general manager of Franke Romania. However, he is upbeat about the second half.
(English version by Catalina Apostoiu)