The Rusu family, which controls furniture manufacturer RusSavitar based in Timisoara, with 20 million euros in turnover,plans to open five stores this year, in the wake of an investmentput at over one million euros, after the owners entered furnitureretail market as late as last year.
The shareholders - spouses Dorica and Iordache Rusu (who each own40% of the shares) and sons Cristian and Raimond Rusu (10% each)are examining the possibility of making the first move outsideRomania by opening the first store in Budapest.
The retail division operates under the Casa Rusu brand, which willalso be used for the Budapest store.
"We are targeting big cities, such as Targu Mures, and Constanta,and are planning to return to Bucharest afterwards. It takes two orthree months before we reach consensus (with the developers i.e.).Outside Romania, the first store could be in Budapest, in Novemberthis year," said Cristian Rusu, general manager of Casa Rusu. Headded there were no concrete locations for the time being.
Rus Savitar expects a turnover worth 22 million euros for thisyear, up 10% on 2009, which places the company in the top ten offurniture players.
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