La Cocoș is expanding with new stores in the coming years

by   CIJ News iDesk V
2025-01-14   09:17
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The hypermarket chain "La Cocoș" controlled by the Nica family from Ploiești, officially confirms the opening of its first store in Brașov, on January 24, 2025, within the Brintex Complex, on Șoseaua Cristianului no. 7, Bartolomeu neighborhood.

The company is also preparing to open 12 new stores in the next 3-5 years, 3 of which in 2025. The discounter is the only local chain of stores that, in 2023, approached the RON 1 billion threshold in turnover.

In September 2024, the European Bank for Investment and Development (EBRD) announced a capital investment of up to EUR 15 million, together with private equity funds CEECAT Capital and Morphosis Capital, to acquire the majority stake in La Cocoș. Following the investment, the founding shareholder will retain a minority stake and continue to lead the company, the EBRD states.

Source: Profit.ro

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