Praktiker owner added that the company plans to develop in northern Bucharest, as it already has stores in in southern, western and eastern Bucharest.
The company’s turnover rose 4.8% in 2016, to RON636.9 million (EUR141.5 million), according to ZF calculations.
In 2015, Praktiker Romania had a turnover of RON608 million and losses of RON10.6 million, according to the latest data available on the Finance Ministry website.
The company employs 1,600 people in its 27 stores and plans to hire more people this year.