“The investment budget generally uses the entire profit of the company. The most important thing to us is the timeliness of an investment,” the entrepreneur says. The biggest challenge of his company was the opening of a three stores in a single year in 2016.
“It doesn’t sound impressive. Other networks open three stores in a week. However, going from seven stores to ten in one year is rather difficult, especially when you have been opening one store a year.”
The three new stores, two of which opened at the end of last year, took Paco’s revenue to 70 million lei (EUR15 million), up about 13% on 2015 and almost double the 2013 level. The company has almost 240 employees and RON1.3 million profit.
“We saw growth in sales last year and this year. The year 2016 was good for Paco Supermarkets, actually all the previous years were good for our company.” (EUR1=RON4.5990)
(English version by Loredana Fratila-Cristescu)