Cluj-based Jolidon, a textile industry producer owned bybusinessman Gabriel Carlig, last year generated turnover worth101.7m RON (24.2m euros), down 12.5% year-on-year, and lower thaninitial estimates. "Reported turnover is related only to theresults of Jolidon Romania, which, as a result of the globalrecession and its fallout, first felt on foreign markets and thenon the Romanian one, went down by 12.5% compared with 2008. At thesame time, Jolidon's own store network in Romania posted 7% lowersales in 2009 year-on-year," stated Olga Stanciu, deputy managerwith Jolidon group. In late 2009, Jolidon's own network included 85stores in Romania, compared with 90 stores countrywide in the firstquarter of 2009. "We closed some of the less profitable stores orstores in Pic and Trident shopping centres and we opened otherstores in Bucharest in Cotroceni Park and Militari Shopping. Lastyear, in the wake of Jolidon's focusing its activities towardboosting exports, we registered 2.2% higher sales abroad comparedwith 2008," Stanciu said.
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