The company, founded by entrepreneur Dan Dumitrescu, in 2013 generated revenue worth RON18.4 million (EUR4.2 million), net profit of RON50,824 (EUR11,501) and had an average number of 22 employees, according with Finance Ministry data.
Online retail is an industry with small profit margins, according to data provided by the main players on the market. Oktal.ro, for instance, in 2008-2013 derived net profit of just RON160,182 against revenue of RON73 million.
Contacted by ZF, Dan Dumitrescu chose not to provide any details about the company’s situation.
(English version by Catalina Apostoiu)