Also, Romvac plans to open four Pongo All Pets pharmacies in Slobozia, Campina and Focsani and intensify focus on home deliveries in capital city Bucharest.
Romvac general manager Constantin Chiurciu said investments in the four Pongo All Pets drugstores exceeds EUR50,000 and the plan is to extend the company’s drugstore chain countrywide by the end of the year. Romvac also targets to launch new products and boost exports.
Romvac’s sales reached RON8.5 million in the first quarter of 2013, up 6% from the same period a year ago, considering that sales are lower during the winter season. In 2012, the company reported sales of around RON44 million.
Founded in 1974, Romvac Company was privatized through the MEBO (Management And Employee Buyout) method. Constantin Chiurciu owns a major stake and the remainder is distributed among 234 employees, out of a total 374 staff.
Romvac has a production unit in Voluntari, Ilfov County.