Carol Stefanel stated that the company’s sales rose 3% on the year in 2015, due to promotions and sales campaigns.
The investment in a new store reaches between EUR60,000 and EUR200,000. One of the new stores could be opened in Bucharest, but also in other cities where the company has no store yet.
According to the company’s representative, the group’s presence in Romania for almost 25 years has a positive impact on the shopper’s confidence and on the results.
Stefanel was established in 1959 and owns 379 stores worldwide.
The company has been operating in Romania since 1991. Stefanel (Romania) SRL reported sales of RON21.5 million (EUR4.8 million) in 2014, a net profit of over RON1.2 million (EUR280,000), and employs 56 people, according to Finance Ministry data.