Top Brands Distribution overshoots 200m-euro mark

Top Brands Distribution, one of the top three largest logistical and distribution companies on the market, closed the year with turnover exceeding 170 million euros, a rise of almost 30% from 2005. Company officials had estimated in the autumn that growth would remain at the same level witnessed in the first part of 2006, that is 20%. “The budget period has not ended, so we have yet to establish a definitive figure. Normally, we would have budgeted a similar 20% business growth for 2007, but given Romania’s recent integration into the European Union and the regulations that go with it, the budget will probably put turnover growth at over 20%,” stated Remus Danaila, financial manager of Top Brands Distribution. TBD will concentrate on the territorial expansion of the distribution of the Philip Morris Romania and Kraft Foods Romania products this year.