25m-euro business for Queen Monaco Distribution

Queen Monaco Distribution posted a turnover worth 25 million euros (90.9 million RON) last year, an 11% increase against the previous year. In RON, however, business stayed at the same level as over the last two years. The profit Queen Monaco Distribution posted last year was not significant, after the company had seen losses in 2004. Company representatives could not be contacted for comment. Queen Monaco Distribution Romania is part of Holding Business Queen Monaco, set up in 1996 and which operates on the market of FMCG (fast moving consumer goods) distribution, logistics, pastry and tobacco products. Among the brands distributed by the company are Elite, La Festa and Red Bull. Queen Monaco distributes the low-price cigarettes Roxboro, Zorro, Army, Timber.