Romanian shoe producer Denis plans to open this year over ten stores across the country and to expand abroad, by investing EUR 400,000.

The company already decided to expand abroad at the end of the last year, but postponed it for the first part of 2015, reports local Capital.ro.

Denis wants to sell its products in the US, Germany and Austria.

Last year the company posted a EUR 10.5 million turnover, up over the previous year, when its sales amounted to around EUR 9 million.

The shoe producer, which has sold over 160,000 pairs of shoes, wants to reach this year a EUR 15 million turnover.

Denis runs a network a 35 units within Romania, as well as in Kiev, Ukraine.

editor@romania-insider.com