Artsani Com was set up in 2002 as a local family business and owns a 10,000- sqm store located in Ploiesti, which provides wholesale and retail sale of materials for constructions, as well as for interior and exterior design, according to the statement.
At the end of 2013, the company had over 300 employees, reached a turnover of EUR28 million and profit of EUR0.6 million. With only one store, Artsani Com holds approximately 30% of the construction materials sales in Prahova county, according to the company’s estimations.
Artsani Com is equally owned by George Tapu in Ploiesti and Oleg Tataru in the Republic of Moldova.
Millennium Bank’s lending portfolio for companies includes short term revolving loans and working capital term loans, investment loans, overdrafts, non-cash facilities and factoring. The banks also grants loans co-guaranteed by the Guarantee Fund for Rural Loan and the National Guarantee Fund for SMEs. (EUR1=RON4.4514)