Dedeman reports RON 8.3bn turnover in 2019
Dedeman, controlled by Dragoş and Adrian Pavăl, reported a turnover of RON 8.3bn in 2019, up 15 percent from 2018. At the end of last year, the company had 50 stores in its network. It currently operates 51 stores after opening a new location in Slobozia, following an investment of €11m. The company's net profit has continued to rise, reaching almost RON 1.3bn. This year, Dedeman bought The Office scheme in Cluj for about €120m to €130m. In 2019, it signed a deal to acquire The Bridge offices project in Bucharest’s Orhideea area for €200m.