“We are entering the market in Sibiu and continuing our development strategy at a time when its is important to invest in local communities,” said Mircea Moga, CEO Mega Image.
Mega Image ended 2019 with around 765 stores and sales of RON6.65 billion, 16% higher on the year.
Mega Image officials said expansion in the Sibiu area will continue in the next period and the retailer is already building a second store in the region. The retailer also plans to expand to Oradea, western Romania, this year after expanding to the eastern part of the country in 2019 with supermarkets in Focsani, Bacau and Iasi. The company previously entered the market in Cluj-Napoca and Timisoara.