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Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at [email protected] 

 

Danish retailer JYSK sees higher sales and profits in Romania

Danish furniture and home decor retailer JYSK recorded a turnover of RON 612.5 mln (EUR 127 mln) in Romania in the 2019-2020 financial year, up by 5.3% compared to the previous year.

The gross profit went up by 8.4% to RON 81.9 mln (EUR 17 mln).

"The results recorded in this financial year exceeded our expectations. It was a complicated year, with many ups and downs, with moments we hadn't thought we would witness. The sudden closure of all stores was followed by a safe reopening for our customers and employees. Customers wanted to redecorate their home or have more comfort at home," said Alex Bratu, Country Manager JYSK Romania and Bulgaria, Ziarul Financiar reported.

The product groups that recorded the highest sales increase are bed linen, mattresses, and home textiles, while the product groups that recorded the highest sales in the financial year were furniture and mattresses.

[email protected]

(Photo source: the company)

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Profile picture for user andreich
Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at [email protected] 

 

Danish retailer JYSK sees higher sales and profits in Romania

Danish furniture and home decor retailer JYSK recorded a turnover of RON 612.5 mln (EUR 127 mln) in Romania in the 2019-2020 financial year, up by 5.3% compared to the previous year.

The gross profit went up by 8.4% to RON 81.9 mln (EUR 17 mln).

"The results recorded in this financial year exceeded our expectations. It was a complicated year, with many ups and downs, with moments we hadn't thought we would witness. The sudden closure of all stores was followed by a safe reopening for our customers and employees. Customers wanted to redecorate their home or have more comfort at home," said Alex Bratu, Country Manager JYSK Romania and Bulgaria, Ziarul Financiar reported.

The product groups that recorded the highest sales increase are bed linen, mattresses, and home textiles, while the product groups that recorded the highest sales in the financial year were furniture and mattresses.

[email protected]

(Photo source: the company)

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