Losses also deepened, to almost RON63 million, from RON37.5 million in the previous year.
“The company is now in a transition process, which is generating a series of challenges,” says Catalin Pozdarie, the executive who runs Hervis Romania operations.
His statement comes as in 2025 British group Fraser, announced the acquisition of Hervis operations in Romania and Hungary.
Hervis has almost 50 stores in Romania and over 500 employees.
(English version by Catalina Apostoiu)