September 22, 2018

Profi opens two more stores this Wednesday

After opening two more units this Wednesday, one in Cluj-Napoca (650 sqm) and one in Timisoara (386 sqm), retailer Profi will reach a national network of 120 stores. Profi is owned by owned by Enterprise Investors, a Polish private Equity Company. Profi has changed its format at the beginning of this year from discounter to proximity store. For last year sales, Profi reported RON 1.04 billion (approximately EUR 214.5 million), up 29 % year-on-year. The growth was mainly generated by the opening of 26 new stores, while like-for-like sales growth was 7.5 %.
Source: Business-Review  (read more)

Com, and last we checked they had sold out

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