Rewe expands Penny Market chain in Romania

Rewe expands Penny Market chain in Romania

Published at: 2018-06-13 10:29 | Author: CIJ Romania
Rewe is expanding its Penny Market chain in Romania, having recently opened a new store in Turda. This is the second Penny Market location in the city. The new store offers 864 sqm of retail space. The German retailer now operates 224 stores in the country. Rewe opened 26 new stores in 2017 and invested more than RON 482m into the modernization and expansion of its Romanian network. The company’s investment budget for 2018 amounts to €80m.

Similar Stories:

TAM buys 9 Slovak retail parks from KLMre
Tatra Asset Management (TAM) has acquired a portfolio of nine regional retail parks in Slo  »
LPP expands Balkan fashion network
Bosnia & Herzegovina  ♦  LPP expands Balkan fashion network
LPP is planning to expand its fashion network in the Balkan region. The Polish company own  »
Robot opens new shopping center in central Bosnia
Robot Group opened a shopping center in Breza, central Bosnia. This is the retail company  »
Footshop to open in central Prague in 2019
Hospodářské noviny carries an interview with Peter Hajduček, the founder of an expandi  »
The past 12 months have seen a great deal of change and activity to the retail sector, how   »
Reading about American brands entering the Polish is nothing new, but it’s rare that thi   »
Atrium European Real Estate Limited is exiting Romania, following its sale of the Atrium M   »
Are new retailers arriving in the Czech Republic because of the boom? The Czech Republ   »