5m-euro profits for Teba Industries

Textile industry group Teba Industries plans this year to develop its distribution network by opening its own stores in the main cities around the country. Last year the company focussed on retooling and personnel training. Teba Industries made a 30 million euro turnover last year and net profits of over 5 million euros. “We opened a shop in a shopping centre in Arad in February and managed to open two more stores – one in Oradea and one in Gherla – in the first few days of March. This month we opened another store in Iasi inside our factory and also intended to open a store in downtown Cluj but had to postpone this opening for at least two months due to not finding space to meet our demands,” the group’s general manager Monica Tomos told ZF Transilvania. She added that the target for this year was to open 15 stores throughout the entire country. ZF