Flanco Retail inaugurated its first store in Odobesti reaching a network of 139 stores located in 100 cities across the country the Odobesti shop and its four employees welcomed their first customers with special offers electro-IT products and state-of-the-art technologies as well as all the services provided by Flanco at national level – advantageous financing solutions home delivery and extended warranty,” says Mihai Barbu The retailer aims to open about 20 stores by the end of the year and thus strengthen its presence across the country, especially in small and medium-sized cities. “We started the year with the opening of stores in Borsa (Maramures County) Moreni (Dambovita County) and Toplita (Harghita County) we were glad to touch the 100th city of Flanco we have already planned three more store inaugurations two of them for the first time in the cities,” says Dragos Sirbu New stores enter the retailer’s plan to reach a network of approximately 160 locations by the end of the year targeting an investment budget of RON 12 million With a team of more than 1,500 employees, the retailer continues to invest in increasing the number of sales consultants and training them, for which he has developed dedicated human resources programs to permanently improve the counseling services offered in stores. We use cookies for keeping our website reliable and secure providing social media features and to analyse how our website is used “We tested this extensively through our  experimental concept MINI stores and now we know how to show the most appropriate format for civilized trade that contributes to improving the lives of local people We called this format LOCO,” said Daniel Cirstea The 11 stores are in Panticeu (Cluj), Aghiresu Fabrici (Cluj), Matca (Galati), Odobesti (Vrancea), Balan (Harghita), Tinca (Bihar), Segarcea (Dolj), Miercurea Nirajului (Mures), Lovrin (Timis), Gataia (Timis) and Anina (Caras Severin). The company said the rural network would be expanded as it plans to reach 500 units by late 2016 and to continue its grow at a pace of at least 100 stores per year The stores will also host local producers of vegetables and fruits who want to sell their products there Each Loco point will hire between 11 and 15 people, adding to the already existing group of 8,000 employees across the whole network. With 324 stores operating in 154 rural and urban areas in Romania and Bucharest Profi now spans the greatest area in Romania The company posted a turnover of RON 1.9 billion and net profits of RON 27.3 million in 2014. Last year the network funded projects that modernized part of Louis Turcanu Children’s Hospital in Timisoara (an investment of over EUR 220,000) the company launched a competition with prizes worth RON 1.15 million for the benefit of children providing social media features and to analyse how our website is used.