Arabesque turnover could reach €570 million in 2008

“We are currently working on the largest Romanian distribution platform, which requires an investment worth €12 mln,” said the company’s Marketing Manager, Florina Necula.

The company posted turnover of €450 mln in 2007, 33.5 percent higher year-on-year. Arabesque opened two commercial centers in Iasi and Craiova, following a total investment of €17 mln. It plans to invest €45-50 mln this year to expand its network in Romania and internationally, and to consolidate a logistical park.

Arabesque will invest some €30 mln to open new commercial centers in the Republic of Moldova, Ukraine, Serbia and Bulgaria. It was founded in 1994 and has 15 branches in Romania.