PROFI
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Profi's 2021 Turnover Close To RON10B Threshold After 7.8% Growth
Grocery retailer Profi, held by buyout investor Mid Europa Partners, had a turnover of RON9.5 billion in 2021, up 7.8% from 2020.
Profi Set to Keep 2021 Investment Budget, but Open Fewer Stores
Calin Costinas, deputy CEO of Profi, says the company will in 2022 slow down the pace of new unit openings, but step up the pace of existent unit refurbishment.
Retailer Profi Rents Four Floors in Baneasa Airport Tower
Grocery retailer Profi, held by buyout investor Mid Europa Partners, has rented four floors in the Baneasa Airport Tower building of Immofinanz for its new Bucharest office.
Profi Set To Open Or Upgrade 300 Stores In 2022
Retailer Profi, held by buyout investor Mid Europa Partners, seeks to open or modernize 300 stores in 2022, its most ambitious expansion plan to date.
Profi Ends Year with 173 New Stores
Retailer Profi, held by buyout investor Mid Europa Partners, opened a total of 19 new stores in December, 18 of which were in the Loco format used in rural Romania.
Profi Opened 154 New Stores in Jan-Nov 2021
Store chain Profi, owned by investment fund Mid Europa Partners, in the first 11 months of this year opened 154 new stores, with most of them, around half, under the Loco format destined to...
Profi Reaches 100 Stores Under Noul Profi Concept
Profi retailer, controlled by Mid Europa Partners investment fund, has reached the threshold of 100 stores operating under the Noul Profi (the New Profi) concept, just one year since the ope...
Profi Opens 100 Stores in Romania In January-August 2021
Profi retailer, controlled by Mid Europa Partners investment fund, opened 100 units in the first eight months of 2021. The initial target envisaged 250 new store openings in 2021, but the co...
Is Profi Betting on Rural Areas? Almost Half of Stores Opened in 2021 Are Under Loco Format
Profi store chain, controlled by Mid Europa Partners investment fund, is raising its bet on rural areas, with almost half of the 90 stores opened in 2021 being under the Loco format, destine...