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PROFI

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Multinational Chains Dominate Romanian Retail
Companies

Multinational Chains Dominate Romanian Retail

Romanian modern retail is dominated by foreign networks, which boast annual sales of EUR8.5-EUR9 billion. No local entrepreneur manages to compete against Kaufland, Lidl and Carrefour, and n...

Oana Gavrila · 07.05.2013 · 00:00 · 1 min
Profi Opens Two New Stores In Romania
Retail&Consumer

Profi Opens Two New Stores In Romania

Retailer Profi, controlled by Polish private equity firm Enterprise Investors, opened two new stores Wednesday and Thursday in Galati (eastern Romania) and in Santana town (western county of...

Ecaterina Craciun · 25.04.2013 · 11:12 · 1 min
Who’s Taking Modern Retail To Rural Areas?
Retail&Consumer

Who’s Taking Modern Retail To Rural Areas?

The 12 competitors in modern retail have put more than 1,000 stores on Romania’s map, and some of them have lately tried to expand to rural areas, even though still close to big cities.

Oana Gavrila · 24.04.2013 · 00:00 · 4 min
Profi Opens First Mall Store
Retail&Consumer

Profi Opens First Mall Store

Retailer Profi, controlled by Polish private equity firm Enterprise Investors, opened its first Mall store inside shopping center Oradea Shopping City, thus inaugurating a new concept and ex...

Ecaterina Craciun · 18.04.2013 · 12:38 · 1 min
Profi Targets 20% Higher Sales In 2013 Vs RON1B In 2012
Retail&Consumer

Profi Targets 20% Higher Sales In 2013 Vs RON1B In 2012

Retailer Profi, controlled by Polish private equity firm Enterprise Investors, reported sales of over RON1 billion (EUR0.22 billion) in 2012, compared to RON934 million in 2011, and targets...

Ecaterina Craciun · 03.04.2013 · 16:08 · 1 min
Profi Opens First Alimrom Rebranded Store In Cluj-Napoca
Retail&Consumer

Profi Opens First Alimrom Rebranded Store In Cluj-Napoca

Retailer Profi opened Wednesday the first of the six stores taken over earlier this year from Cluj-based company Alimrom Trading.

Manuela Panescu · 27.03.2013 · 14:42 · 1 min
Profi To Become 2nd Largest Modern Retail Network in Romania - CEO
Retail&Consumer

Profi To Become 2nd Largest Modern Retail Network in Romania - CEO

Profi will become Romania's second largest retail network from April, after the country’s antitrust watchdog on Wednesday approved Profi's takeover of the six-store chain of Cluj-based compa...

Manuela Panescu · 13.03.2013 · 17:52 · 1 min
Competition Council Clears Alimrom’s Store Network Takeover By Profi
Retail&Consumer

Competition Council Clears Alimrom’s Store Network Takeover By Profi

Romania's antitrust watchdog on Wednesday said it has approved the transaction whereby retailer Profi took over the six-store network of Cluj-based company Alimrom Trading.

Ecaterina Craciun · 13.03.2013 · 14:33 · 1 min
Profi Opens Two New Stores In Romania
Retail&Consumer

Profi Opens Two New Stores In Romania

Retailer Profi, controlled by Polish private equity firm Enterprise Investors, has opened two new stores Wednesday, in Targu Jiu (southern Romania) and Iasi (NE), and expanded its local netw...

Ioana Tudor · 27.02.2013 · 13:35 · 1 min