The retailer entered the Moldovan market one year ago, when it inaugurated two stores in Chisinau.
The new store in Balti has a sales area of 3,900 square meters and created 100 new jobs.
In the next ten years, the company seeks to build its own logistics center and reach a 20-store network.
Kaufland is the fourth largest company in Romania by turnover and one of the largest employers in the private sector. In 2019 the company generated direct value added of approximately EUR461.7 million in Romania.
Kaufland has 133 discount hypermarkets in Romania. For the 2020 financial year, which starts on March 1, 2020 and ends on February 28, 2021, the company envisages 13 new store openings, of which five have already been inaugurated.
Kaufland Romania had a turnover of RON11.9 billion in 2019, up 9% on the year, per ZF calculations based on public data.