The buy-sell contract was finalized last year, but Lidl will start construction of the store in the spring of next year, Ruttrans representatives told ZF.

Ruttrans, which mainly handles the rental and sub-rental of real estate properties, is controlled by three entrepreneurs – Vasile-Mircea Ilea, aged 52, who holds 51%, Vasile Sabau, 56, who holds 28,5%, and Florian Vasile Dan, 52, with 16.9%.

The three Cluj residents are however not the only Romanian entrepreneurs to have cashed in on Lidl’s expansion.

The German group, which has 118 stores in Romania, also bought an 8,600 square-meter plot in central Focsani last year, on the former site of a bus terminal. The seller of the plot was transportation company Trans Company in Focsani, controlled by businessman Vasile Epure.

(English version by Daniela Stoican)