“At present we have 31 stores and we want to reach 35 by yearend, we’re strongly focusing on store network expansion”.

The rest of stores to be opened in 2022 do not target new cities.

Nicoleta Dumitrescu did not specify the investment budget for the entire 2022, but said the 10 stores opened in the first six months took up EUR1.2 million investments.

“In terms of funding, we are maintaining our independence, using just own funds and banking lending lines. We are also mulling all funding possibilities, including the capital market as our business objectives are highly ambitious both for the fourth quarter of 2022 and for 2023 and we must be connected to all opportunities”.  

For 2023, the retail has another ambitious expansion plan, but likely at a slightly slower pace than in 2022.

The company’s turnover hit EUR16 million in 2021 and for 2022 targets at least EUR19 million as in 1H/2022 it had already reached EUR11.7 million.

Lensa’s number of employees revolves around 360.

(English version by Catalina Apostoiu)