Auchan’s investments to refurbish the store rose to EUR2 million. The store covers 10,000 square meters and sells over 50,000 products.
Auchan Romania will rebrand the 20 Real hypermarkets to Auchan in less than a year.
The transaction through which Auchan took over 20 Real hypermarkets in Romania, in a larger deal worth EUR1.1 billion, was completed on September 12 following an agreement signed in November 2012. Romania’s antitrust authority cleared the merger at the end of July this year.
Following the deal, Auchan Romania has become one of the top five private employers in Romania and the second largest local retailer, after Kaufland.
Auchan’s network in Romania expanded to 31 hypermarkets, a net sale area of 252,000 sqm, over 10,000 employees, three logistic platforms, 70 million clients per year and reached a combined turnover of over RON4.5 billion, taxes excluded.