Florin Madar, 47, owner of Brasov-based Temad company, adistributor of building materials and auxiliary products, hasbudgeted a 15% turnover increase in euros for this year, to 25.4meuros, after it expanded its building materials portfolio andopened its 14th branch in Piatra-Neamt last year. "In the followingyears, the company will expand by finding new distributionchannels, new brands and product lines and possibly throughregional growth. For this year, we've budgeted 15% growth in euros.An argument behind this increase is the 2009 expansion of theproduct portfolio and the addition of new strong brands in theportfolio," says Madar, who started the Temad business in 1994 andhas invested 40m RON (around 10m euros) to expand it, with themoney coming from reinvested income and own sources. The companynow has 14 subsidiaries and 4 distributors in Romania and theRepublic of Moldova. "(...) In Moldova we developed a joint ventureand we believe the region still boasts a high growth potential,"Madar says.
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