Delta Distribution to climb 25%

Delta Distribution, Romania’s largest importer of ceramic tiles, estimates to post 30m euros in turnover this year, up 40% from 2003, as the market will grow 10%, Cristian Halmajan, marketing director of the company, says. Delta Distribution’s business could effectively double this year, as compared with 2002, due to the expansion of its own product distribution network and to the improved activity of the company’s units. “We posted some 22m euros in turnover last year, while the profitability rate amounted to 12%. We target an intensive growth of 25% for 2004 by using the current resources,” Halmajan explains. ZF