Bravo Group sees 6m-euro revenues

Interior finishing material distributor Bravo Group estimates turnover to go up by 20% this year, instead of 26% as in 2005. “Turnover went up 26% in the previous year due to an increase in sales for sanitary ware and equipment, as well as for ceramic tiling materials”, Cristina Miclea, marketing director of Bravo Group told ZF. Turnover from sanitary ware and equipment sales for 2005 stood at 3.5 million euros, 17% more than in the previous year. As for the ceramic tiling materials segment, the company saw turnover of 1.5 million-euros, 66% higher than in 2004. The Bravo Group was set up in 1993 and owns a network of 7 Laguna show-rooms, located in Bucharest and Brasov, a national network of Do-It-Yourself stores, and outlets in partnership with the Bravo Group. The company has about 80 employees. “This year we will be investing 300,000 euros to open three new show-rooms, and the existing ones will be redecorated”, company officials commented. ZF