It does not have other investments in view as, says the entrepreneur who owns the company, the economic outlook is uncertain.
“(…) Considering the economic outlook, we are very cautious when it comes to new investments and we prefer to operate only those we are certain are strictly necessary,” says Cristian Gavan, MAM Bricolaj stakeholder.
The company ended 2023 with falling turnover, in line with the market.
Cristian Gavan says that, given that MAM Bricolaj is present only in Bucharest, there are plenty of development opportunities, particularly in geographic terms. However, the next opening he considers would also be in Bucharest.
He is though mulling other opportunities he might profit from during these challenging times, such as the purchase of smaller players. The desire of MAM Bricolaj founder is to strengthen the company’s foothold on the market in 2024.
(English version by Catalina Apostoiu)