24m-euro revenues for McDonald''s distributor

Romdis, the main distributor of frozen products to be cooked in McDonald restaurants, posted a turnover worth 24 million euros (87.6 million RON) last year, a 20% increase against the previous year. Profit of the distribution company stood at almost 0.3 million euros last year, a 15% increase against 2004. “We are not aiming for a very big profit share because Romdis is a long-term investor,” commented Mihnea Ioan, the company”s general manager. Since entering the Romanian market in 1995, Romdis had invested 5 million euros mainly in boosting the distribution and storage capacity, in order to achieve an annual turnover growth rate of 7 to 12%, added the Romdis official. Company plans include continuing to expand the distribution and storage capacity and opening a new distribution centre in the country, as it currently operates just one distribution centre in Bucharest. Romdis currently has 20 customers, among which McDonald”s, Metro, Selgros, Billa, but hopes the number will increase in the near future. The company provides logistic and distribution services for the McDonald”s chain ever since it entered the Romanian market. ZF