Kaufland, the second biggest player in Romanian retail by turnover, now has an over 150-unit network.
“The long term objective is to maintain an organic growth pace with an average of 10 new openings per annum. In 2021, we managed the biggest investment budget of the past 16 years, which allowed us to open 11 stores and refit another seven,” says Valer Hancas.
He does not specify any figure related to this year’s investment budget.
The German-held group sells private label products worth RON2.25 billion per annum.
(English version by Catalina Apostoiu)