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Iaşi store drives Cezar Rapotan's DIY network back to growth in just three months

Autor: Mihaela Popescu

23.09.2010, 00:06 41

The opening of a store in Iaşi in March brought a 6% salesincrease to Mr. Bricolage retailer domestically in the first half,according to a company report.


The DIY network is controlled by Cezar Rapotan, the owner ofArabesque, the biggest building materials distributor on themarket.
On the other hand, the retailer's two older stores, located inBucharest and Piteşti, saw their turnovers slide by 11% in the sameperiod.
Sales generated by the Iaşi store in the first three months ofoperations could be put at over 1-1.5m euros, taking into accountthe operator reached 16m-euro sales.
Brico Expert, the operator of the three Mr. Bricolage storesdomestically, registered a 18% sales decline in the first quarteragainst the same period of 2009, the retailer's report alsoshows.
The Iaşi store was the only expansion project the retailercontrolled by Rapotan finalised this year. Investments in it stoodat 7m euros and the opening had been initially scheduled for 2009,together with another expansion project in Buzău.

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