Romania's home appliances retailers' turnover could pass 2-billion-euro mark in 2018 (analysis)
Publicat:The turnover of Romania's home appliances retailers could pass the 2 billion-euro mark this year, amid the increased appetite of the Romanians for Black Friday and Christmas shopping seasons, according to a KeysFin analysis released on Friday.
"The home appliances retail trade is very well controlled by a few major investors. Thus, although there are over 600 companies nationwide, too few of them manage to compete with the big players. This explains why the number of companies decreased last year by 8pct when compared with 2016 and by 15pct from 2013. We expect the consolidation process…
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