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Penny Net Profit Surges 44.8% YoY To RON123M In 2021
German-owned discount store chain Penny on Thursday said it ended 2021 with a turnover of RON5.39 billion, up 14% from 2020, and a net profit of RON123 million, up 44.8% on the year.
DIY Brick Romania Sets Off Installation Of Solar Panels On Its Own Stores
Brick Romania, a local DIY and home improvement retailer based in Constanta, is readying a project aimed at implementing photovoltaic (PV) panels on all its stores - a strategy whereby the c...
Brick Romania In Talks To Expand Its Local Store Chain
Brick Romania, a local DIY and home improvement retailer based in Constanta, wants to expand across Romania, including in capital Bucharest.
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.
Sinsay To Open Two Stores In Family Market Shopping Centers In Iasi In EUR17M Investment
Polish fashion retailer Sinsay, part of LPP Group, will be opening two stores in the Family Market shopping centers developed by Iulius Group in Iasi County.
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...
DIY Retailer Brick Romania To Open New EUR4M Store, In Satu Mare, In March 2022
Constanta-based do-it-yourself retailer Brick Romania will be opening a new store in March 2022, in Satu Mare, which will be its first unit in western Romania.
Mobexpert Set to Cover Major Cities of Romania with Smaller Stores
Furniture retailer Mobexpert, controlled by entrepreneur Dan Sucu, in 2021 started to open smaller stores with which it wants to cover major cities outside Bucharest.
DIY Retailers Bet on Brasov with at Least Four More Stores in Coming Period
Dedeman, Leroy Merlin, MAM Bricolaj, Brick Romania are just a few of the DIY retailers to announce they’ve put Brasov on their expansion list for the coming period.