“In general, investments in a new Kaufland unit ranges between EUR6 million and EUR9 million, depending on location, land value, land surface and other factors. A unit the size of the one in Pascani has about 100 employees,” Kaufland officials said.
The 30,000 square-meter store is the first of a series of hypermarkets the retailer plans to open in Romania this year. In 2012, The German-held discount hypermarket chain opened ten new stores in Romania.
Kaufland opened its first Romanian store in 2005 and had reached a network of 81 hypermarkets in the country by the end of 2012.
Kaufland is part of German group Lidl & Schwartz, which also operates discount stores Lidl in Romania.