Băneasa Developments, the company that manages the Băneasa Shopping City mall in the northern part of the Capital, achieved in 2019 a profit margin of 56%, a record result from the opening of the mall until now. The company’s turnover was 233 million lei last year, down 5% from the previous year, while the profit almost doubled compared to 2018, exceeding 130 million lei, according to data published on the website. ul of the Ministry of Finance.
The turnover reported to the Ministry of Finance by the companies operating the shopping centers refers to the revenues obtained from rents by the project owners.
