The average investment in a new Kaufland hypermarket ranges between EUR6 and 9 million.
Since the beginning of the year, Kaufland Romania opened stores in Pascani, Falticeni, Radauti, Galati, Petrosani, and Ploiesti.
The company has so far created over 12,000 direct jobs in Romania 12.000 in its offices in Bucharest, its stores, and its logistical centers in Ploiesti and Turda.
Kaufland is the largest retailer in Romania by sales, overtaking Metro Cash&Carry and Carrefour. Last year, discount hypermarkets had a net turnover of RON6.4 billion (EUR1.4 billion), up 15% on the year, and a net profit of RON274.5 million (EUR61.6 million), up 64% on the year.
The German retailer, part of Lidl & Schwartz group, opened its first store in Romania in 2005. The group also operates discount stores Lidl on the Romanian market.