EnglishStihl Romania, the local subsidiary of Germany based Andreas Stihl AG, estimates a 20% rise in sales this year. The company also expects to maintain its 15% market share of the domestic motor and garden tools market, according to company representatives.
Last year, Stihl Romania recorded a 20% increase in turnover, compared with 2005, when the company posted 66.6 million RON (18.40 million EUR) in turnover. In 2005, the company reported a net profit of 12.7 million RON (3.5 million EUR).
Stihl Romania inaugurated in 2005 its retail and distribution centre in Otopeni near Bucharest, following a 3 million EUR investment. The centre stretches on some 10,000 square meters and has a retail space of over 3,000 square meters. The company"s investments in Romania total 5 million EUR.
Stihl Group is one of the the world"s largest outdoor power equipment producers, present in countries such as the US, Brazil, UK, Australia, Switzerland, France, Canada, Belgium, Spain, Sweden. Last year, Stihl reported a turnover of over 2 billion EUR.
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