Bilka used to get 10% of its revenue from exports in the years before the pandemic. It exports to Bulgaria, Hungary, Republic of Moldova, Germany, Poland, Slovakia, Netherlands, Austria, Ireland, and Ukraine, according to the latest data available.
Bilka owner Horatiu Tepes set out to overshoot the RON1 billion revenue mark in 2021, after having come close to it in 2020, when Bilka posted RON795 million revenue, an increase of 20% on 2019. Finance Ministry data show Bilka Steel made RON101.8 milion net profit in 2020, so its profit margin was 13%.
(English version by Loredana Fratila-Cristescu)