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Profi Opens 80 Stores In 1H/2021; Aims To Overshoot 2,000-Unit Threshold By 2024
Retailer Profi, held by buyout investor Mid Europa Partners, has opened 80 new stores since the beginning of 2021, reaching 1,476 units across Romania.
Penny Seeks To Boost Number Of Stores With Butcheries In Romania To 375 Until 2029
German-owned discount retail chain Penny, which operates a network of almost 280 discount stores in Romania, seeks to extend its local partnerships in order to boost the number of stores wit...
Footwear Retailer Benvenuti Targets 13% Increase In Turnover To RON110M In 2021
Footwear retailer Benvenuti, held by local entrepreneur Dan Pavel, targets a turnover of RON110 million (EUR22.5 million) in 2021, up nearly 13% on the year, per calculations by Ziarul Finan...
Penny Reports Net Turnover Of RON4.73B For 2020
German-owned discount retail chain Penny, which operates a network of almost 280 discount stores, had a net turnover of RON4.73 billion in 2020.
Altex Invests EUR1M in Remodeling Two Stores in Bucharest and Brasov
Altex, Romania's leading electronics retailer, said Wednesday it has invested over EUR1 million in remodeling and upgrading two stores, in line with its expansion and modernization plan that...
Kaufland Opens Hypermarket In Tarnaveni; Reaches 142 Stores In Romania
Germany’s Kaufland group, the leader of the local retail by sales in 2019, continues its expansion plans for 2021 and is opening a store in Tarnaveni (Mures County) Thursday (April 22), reac...
Antitrust Body Looks Into Profi’s Acquisition Of Ten Stores From Pronto Mobile
Romania’s Competition Council is looking into an operation whereby supermarket and convenience store chain Profi Rom Food SRL is acquiring ten convenience stores from Pronto Mobile SRL.
Agroland Opens Two New MEGA Stores in March
Agroland Group (AG.RO), the most extensive farming store chain in Romania held by businessman Horia Cardos, has opened two new MEGA stores in Craiova and Sfantu Gheorghe in March, in a total...
Lidl To Open Two New Stores, In Romanian Towns Of Siret And Gheorgheni
German discount chain Lidl is expanding its Romanian network, by opening two new stores in the town of Siret (Suceava County) and the town of Gheorgheni (Harghita County), respectively, on D...