“In two weeks at most we will open (…) two self-service minimarkets with 100 square meters in floor space. We want to open at least ten more by yearend,” says Anca Dragotescu, who is in charge with the development of the Succes brand in Bucharest.
Retailers and other companies in the trade business are focusing on Bucharest, Romania’s largest city, which also generates the highest revenue, 20% above the country average.
Despite being the most important Romanian businessman in the country’s retail sector, information available about Nicolae Sarcina, 42, is scarce, as he is one of the lowest-profile businessmen. His company, Success Nic Com, through which he runs all his operations, has been in business for almost eighteen years but the he only made headlines last year when he took over the PIC hypermarkets, developed by other Romanian entrepreneurs.
The Succes group posted 274 million lei (EUR61 million) revenue last year. (EUR1=RON4.5178)
(English version by Loredana Fratila-Cristescu)