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Flanco 9-month sales up 10 percent y-o-y to RON 480 mln

Romanian electronics retailer Flanco Retail registered sales of RON 480 million in January-September 2014, up 10 percent on the year.“Our stake in 2014 was to deliver a greater volume of sales in healthy conditions: profitability and operational efficiency. On a price-sensitive market promotions and discount can lead to a short-term increase in market share but they also lead to a long-term consumer behavior which damages healthy development”, said Dragos Sirbu, ...

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