Herlitz posts 7.2m-euro turnover

Targu-Mures-based Herlitz Romania, a company producing stationery and office supplies, has posted a turnover of 25.6 million RON (7.2 million euros) for 2006, up 38.44% on 2005, with a 63% higher gross profit of around 2 million RON. In 2005, the company reported a gross profit worth 1.22 million RON, and its turnover stood at 18.52 million RON. Herlitz Romania was set up as a joint Romanian-German brand. The German brand Herlitz has been present in Romania since 1990, and produces and distributes stationery and other office supplies. The company headquarters are in Targu-Mures, with other offices in Bucharest, Timisoara, Oradea, Craiova, Sibiu, Galati, Cluj-Napoca, Bistrita and Baia Mare.