Marelvi also reported net profit of RON6.5 million (EUR1.3 million) for 2023, up 63.5% from net gain of nearly RON4 million (EUR811,000), in line with public data. The company had an average number of 161 employees in 2023.
Marelvi was founded 29 years ago by Romanian entrepreneur Dumitru Mihalescul and it has come to distribute brands such as Arctic, Beko, Whirlpool and Liebherr to some 500 stores, both independent shops, hypermarkets, chains, online stores, and furniture producers, in line with data on the company’s website.
Marelvi owns warehouses in Radauti, Bucharest and Deva.