The company’s officials did not answer ZF’s request for information regarding plans for Romania by edition close.
The first domestic stores will be opened next year, the above-quoted sources also say. The German company is seeking spaces in shopping centres and retail parks both in and outside Bucharest as it is set to expand aggressively.
Tedi is active on the non-food segment and is set to compete with companies such as Jysk and Jumbo.
Tedi was founded by Tengelmann group, owner of Plus Discount, a network Lidl bought in Romania in 2011. Last year, the retailer was sold to H.H. Group.
(English version by Catalina Apostoiu)