Thus, the two entities had around 640 employees left in late 2013.
The Romanian designer is a stakeholder in several companies, with activities in fields such as real estate, textile production or textile wholesale, but the two companies are the most important by revenue, according to Trade Registry data.
Irina Schrotter, a doctor by training, started her fashion business in 1990, shortly after the privatization law was passed. She subsequently developed the business both domestically and internationally.
Today, she has five own stores in Romania and one in Switzerland and the US each, and her clothes are sold in another several tens of countries worldwide in multi-brand or online stores.
Schrotter’s latest project abroad is the opening of an own store in New York’s Soho.
(English version by Catalina Apostoiu)