Its net sales (gross sales minus 24% VAT) amounted to RON1.897 billion. According to Finance Ministry data, the retailer’s net sales in Romania stood at RON1.578 billion in 2011.
Auchan operates a network of 11 hypermarkets in Romania.
In November 2012, Auchan announced it acquired from German group Metro 20 of the latter’s 24 Real hypermarkets in Romania in a larger deal worth EUR1.1 billion, which also included Real hypermarkets in Poland, Ukraine and Russia.
The local transaction has yet to be approved by Romanian regulatory authorities.
Following the deal, Auchan became the second largest retailer in Romania, after Kaufland, with cumulated sales exceeding EUR1 billion.
Auchan entered Romania in 2006.