Billa opened another five new stores in 2014.
Billa Romania general manager Sorana Georgia has previously stated that the company may inaugurate two more units by the end of 2014, and plans to open more than ten stores in 2015.
Georgia added that the company’s turnover will increase this year and in 2015, without providing further details.
In 2013, the retailer reported profit of RON2.17 million (EUR493,000), down 40% on the year, but its turnover rose 7.3% to RON1.35 billion (EUR307 million).
Billa opened its first store in February 1999, in Bucharest, and has over 3,500 employees.
REWE also operates Penny Market and XXL Mega Discount stores in Romania.