September 12 (SeeNews) - Moldovan furniture retailer Stejaur Market expects its sales to rise by 10% this year mainly due to expansion of its retail network, Chisinau-based weekly economic magazine Eco reported on Wednesday.
"Our sale volumes vary from year to year, with their growth rate in the range of 20 to 40%. Last year sales reached approximately $4.0 million and this year the volume will increase by approximately 10%," Eco quoted Stejaur Market director Zinaida Moiseev as saying in an interview.
"We will try to develop further our retail network across the country to make our sales more profitable," Moiseev said.
She said that the company plans to expand its retail network in the country and to increase the area of the outlet in the capital Chisinau by 300 square metres from 1,000 square metres now.
Moiseev added that Stejaur Market will target to sell mainly domesticall produced furniture. The retailer also sells furniture produced in Ukraine, Belarus and Romania.