The company no longer sees operating margins between the increased costs and the inability to transfer it to its export customers through increased prices, where it has 90% of sales. Faced with a strike and declaring itself unable to initiate new salary increases, Electroaparataj considers liquidation.
Electroaparataj recorded a negative result of approximately 345,000 lei last year, after having lost a loss of 1,31 million lei in 2017. Broadhurst bought Electroaparataj with several million dollars in the beginning of 2000 and sold for about 60 million euros the real estate asset (a land of 7 hectares), where Mega Mall was opened in 2015. (source: profit.ro)