“The opening of the store in Focsani is in line with our expansion strategy (…) We will be looking for new development opportunities throughout 2014,” said Billa Romania general manager Sorana Georgia.
Since the beginning of the year, Billa opened a store in Sebes, Alba county. Last year, the retailer opened ten supermarkets in Cernavoda, Constanta, Brasov, Bucharest, Iasi, Pitesti, Rasnov and Timisoara and closed a store in Carei, Satu Mare county.
Billa opened its first store in February 1999, in Bucharest, and has over 3,500 employees. It had a turnover of RON1.26 billion in 2012, up 12.3% on the year, and a net profit of RON3.6 million, down 30% on the year.
REWE also operates Penny Market and XXL Mega Discount stores in Romania.