Romania, in the top of growth of dm drogerie markt at group level | Progresiv

German retailer dm drogerie markt reported for the financial year 2018-2019 a turnover of 498 million lei, up by 20% compared to the previous financial year.

“Romania had one of the highest growth rates at group level. We are talking about a 20% increase, in the context in which the overall advance was 4.6%. The growth was also supported by expansion: we marked 12 store openings, reaching 105 locations locally. Among the markets where we have developed the chain are Satu Mare, Bihor, Bacau, Bucharest or Pitesti ”, said Ivana Martinakova, President of the Board of Directors of dm drogerie markt Romania.

At the level of the financial year 2018-2019 dm drogerie markt has invested a total of 35 million lei, an amount directed to expansion, the arrangement of the headquarters and the construction of a warehouse with an area of ​​32,000 square meters.

For the period of October 2019 - September 2020 the retailer is considering opening 12-15 new units, on the short list of the cities targeted being Bucharest and Timisoara.

Regarding the dynamics of the turnover for the next year, the company intends to keep the same pace, while in terms of challenges are the legislative changes and the instability of the political and business environment.

dm drogerie markt company was founded in 1973 in Germany and currently operates in 13 countries: Austria, Bosnia, Bulgaria, Croatia, Czech Republic, Italy, Macedonia, Romania, Serbia, Slovakia, Slovenia and Hungary, with over 3,668 stores, more on the German market (1,997 locations) and 62,000 employees in Europe. The retailer reported for the financial year 2018-2019 a business of 11.2 billion euros, up by 4.6% compared to the previous financial year. In Romania, the retailer has been on the market for 12 years.