Total investments by the ten players in Romania’s modern retail are heading toward EUR1 billion in 2021, according to ZF estimates. This is money particularly used for store openings, refurbishing, land acquisitions and logistic developments. Expansion is the most important direction for investments.
Eight of the ten foreign retailers in Romania have opened stores in 2021. The exception have been the two cash & carry networks, Metro and Selgros. There were also three retailers that shut units: Cora, with a hypermarket in Drobeta-Turnu Severin, Profi, with eight stores, and Carrefour.
Modern retail in Romania has gone beyond the 3,600-store threshold.
(English version by Catalina Apostoiu)