The company last year generated net profit worth RON4.3 million (EUR881,000), down 44.6% from the previous year. It reached an average number of 175 employees.

Marelvi was established by entrepreneur Dumitru Mihailescul 25 years ago. Its brand portfolio currently includes Arctic, Beko, Whirlpool and Liebherr, and the company ships products to about 500 stores – either independent, or hypermarkets, chains, online stores, and to furniture manufacturers, the corporate website says.

Marelvi has warehouses in Radauti, Bucharest and Deva.

(English version by Catalina Apostoiu)