PENNY
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BIPA And PENNY Set To Open New Stores In Jumbo Center Bucharest Later In 2026
BIPA and PENNY will open two new stores within Jumbo Center in Bucharest, occupying a combined area of around 1,870 square meters. Both stores are scheduled for opening in the second half of 2026, with the lease transactions brokered by Cushman & Wakefield Ech...
Retailer Penny Overshoots RON10B Revenue Mark In Romania In 2025
Discount retailer PENNY Romania ended 2025 with RON10.6 billion (more than EUR2 billion) revenue, a 12% increase compared with 2024. The growth was driven by both expansion (40 new store ope...
PENNY Invested EUR150M In Romania In 2025
Discount store chain PENNY invested EUR150 million in Romania in 2025 and continues to bet on this market in 2026, given that the country is strategic for the German-based group.
PENNY Overshoots RON10B Revenue Mark in 2025 After 11th Year Of Double-Digit Growth In A Row
Rewe Romania, which operates the PENNY discount chain, closed 2025 with more than RON10 billion revenue, following a double-digit growth in sales.
Retailer Penny Announces EUR3B Investment Plan For Romania
Discount grocery retailer Penny, held by Germany’s Rewe, announced the boldest development and investment plan in Romania.
Penny Romania Set To Invest EUR120M To EUR150 In 2025
Discount store chain Penny will invest EUR120 million to EUR150 million in Romania in 2025, about the same as in the previous years, says Chief Executive Office Daniel Gross.
Meta Estate Trust Develops Four Commercial Spaces Set to Be Leased by German Retailer Penny
Meta Estate Trust, a holding company operating in the real estate field, has signed memorandums of understanding for the acquisition of four commercial spaces that will be developed in sever...
PENNY Kicks Off Works On Its 5th Warehouse In Romania, In Giurgiu County
German-held discounter PENNY, which has some 380 stores in Romania, has started works on its fifth warehouse in the country, located in Mihailesti, in the county of Giurgiu, and the investme...
Penny Starts Work On Fifth Warehouse In Romania
German-held discounter Penny, which has around 380 stores in Romania, is starting work on its fifth warehouse in the country, near Bucharest, this year.