“The year 2020 has been very difficult due to the COVID-19 pandemic, but we estimate we will see the same revenue as last year, about EUR150 million. However, the profit will be lower. We completed a EUR12 million to EUR13 milion investment, budgeted and scheduled at the beginning of the year, we built a bigger livestock farm, which now numbers 2,000 head of beef cattle, we built a grain storage facility, rebranded and remodeled our 120 stores, 10 of which are new, opened this year,” Unicarm owner Vasile Lucut told ZF.
The profit stood at RON12.6 million (more than EUR2.5 million) in 2019, publicly available data show.
(English version by Loredana Fratila-Cristescu)