“We continue to expand on a fast pace, according to plans, and we have all the reasons to believe Profi will clearly become the second largest modern retail network in Romania as of next month,” Profi’s general manager Pawel Musial said in a statement Wednesday.
Profi also opened Wednesday a new unit in Bucharest, with a 703 square-meter retail area.
Profi, controlled by Polish private equity firm Enterprise Investors, currently has 156 stores in Romania and plans to open 40 new units in 2013. By taking over Alimrom stores, which may be transferred under Profi brand by end-May, the network will surpass 160 units.
Profi currently ranks 3rd in a top of retailers operating on the local market, after Mega Image, with 203 units, and Lidl, with 158 units.
Alimrom Trading was equally owned by two private individuals, Crina-Ioana Corbeanu and Cristian-Paul Muresan. In 2011, the company registered turnover of RON29.6 million (EUR6.7 million) and a loss of RON813,000, according to Finance Ministry data.