“It’s a good time to resume expansion, as consumption continues to grow and so do our sales,” said Selgros Cash&Carry Romania CEO Alexandru Vlad.
The store will be opened at the beginning of this year’s fall and will be the retailer’s second smaller format store in the country, after the one in Targu Mures, to be open this summer.
The new format has a sales area of 4,000 square meters compared with the regular sized stores, which have sales areas of 10,000 sqm.
Selgros Cash&Carry entered the Romanian market in 2001 and currently has 19 stores. Its direct competitor is Metro Cash&Carry, controlled by German group Metro.