“We want to open 10 to 15 stores in 2021. We would like to open more but consumer spending has yet to rebound, because people lack the purchasing power. There is the desire to, but they don’t have the money for it. I don’t think 2021 will be any better than 2020,” owner Vasile Lucut told ZF.
Unicarm had 120 stores in 2020 and earmarked RON25 million for investments in 2021. Besides the opening of new stores, it will also invest in expanding its farm (2000 head of beef cattle) by another 5,000 square meters and diversifying production, the company officials said. They replied to the questions sent by ZF for the new edition of the ‘Cei mai mari jucatori din economie’ (Key players in the economy) yearbook.
Unicarm, which has about 3,500 employees competes, with other Romanian businesses such as Cris-Tim, Agricola Bacau and Meda.
(English version by Loredana Fratila-Cristescu)