In comparison, Jumbo did not have more than 800 employees in 2017, according to the Finance Ministry website data. Jumbo added two stores, in Constanta and Suceava, last year, and this year opened two more, one in Bucharest and one in Bacau. In all, Jumbo, which arrived in Romania in 2013, has 12 stores in the country.
Jumbo posted 185.8 million lei (EUR40 million) revenue in the first half of 2018, according to publicly available data, but toy retailers usually expect a sales boost around Christmas. This time of the year may generate up to 30% of the annual sales for toy businesses, ZF has found from market actors.
Jumbo has posted ads on job sites looking for people for its stores in Bacau, Bucharest, Voluntari, where it already has a presence, as well as for Braila, where it would open a store this month, according to local media reports.(EUR1=RON4.6480)
(English version by Loredana Fratila-Cristescu)