DIY retailer Dedeman, the largest Romanian entrepreneurial business, held by brothers Adrian and Dragos Paval through special purpose vehicle Paval Holding, ended 2023 with RON1.5 billion net profit and RON11.5 billion sales, data on the Finance Ministry website show.
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Paval Holding, the special purpose vehicle of brothers Adrian and Dragos Paval, which they use for investments on the Bucharest Stock Exchange, among others, posted RON2.3 billion net profit in 2023, up 52% from the previous year, while revenue rose 36% to RON2.33 billion.