EXPANSION
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Kaufland Opens First Store in Rural Romania, Reaches 125 Stores Locally
German-held retailer Kaufland opens its first store in a rural area in Romania on Thursday, in Crevedia, reaching 125 hypermarkets in Romania.
Foodpanda Seeks to Expand to 20 Cities This Year
Food ordering platform foodpanda, which currently covers 15 cities, seeks to expand to 20 cities this year and has added 400 new restaurants since the beginning of the year.
Profi Becomes First Retailer in Romania to Overshoot 1,000-Store Mark
Supermarket and convenience store chain Profi has grown to 1,005 stores in about 500 cities in Romania and is the first retail to achieve this feat. The company’s plans will not stop at this...
Altex Opens Store in Braila, Plans to Open 5-6 Stores a Year
Retailer Altex Romania will be opening a 2,600 sqm store in Braila and plans to continue expansion at a rate of 5-6 new stores a year for the next two years, a company official said at the Z...
REWE Romania Seeks to Double Network in 7 Years, Invest EUR500M Locally
REWE Romania, which operates discount store chain Penny Market, plans to double its number of stores locally in the next seven years and to invest EUR500 million in development, company gene...
Spanish Startup Glovo, Also Present In Romania, Raises EUR150M To Fund Its Global Expansion
Spanish delivery startup Glovo, which enables smartphone users to order anything they want directly from their cell phones, said it had raised EUR150 million in equity from institutional inv...
Retailer C&A Resumes Expansion
The C&A group, one of the top five fashion retailers in Romania is resuming fast-paced expansion after having chosen to strengthen its local business in 2017 and 2018. It plans to open at le...
Kaufland Bought 40 Plots of Land for Expansion over Next Four Years
Kaufland, the leader of the local retail by sales, has 40 plots of land it bought in order to open ten stores a year in 2019-2022, market sources told ZF. The network currently numbers more...
Franchised LaDoiPasi Store Chain Reaches Over 820 Units; Eyes 1,100 Units By End-2019
The LaDoiPasi (Two Steps Away) franchise chain, launched in 2012 by German retailer Metro Cash & Carry, has reached over 820 stores and targets 1,100 units by the end of 2019, after going th...