Billa Romania registered turnover of 1.26 billion lei (EUR284 million) in 2012, up 12.3% on the year, and 30% lower net profit, of RON3.6 million.
According to Georgia, the retailer’s development strategy focuses on opening new stores.
“We opened over 10 new stores this year, in Cernavoda, Constanta, Brasov, Bucharest, Iasi, Pitesti, Rasnov and Timisoara,” she said. The retailer will continue expansion in 2014, Georgia added.
Billa entered the Romanian market in February 1999 with a supermarket in capital Bucharest.
REWE also owns Penny Market and XXL Mega Discount in Romania. (EUR1=RON4.4331)