Kaufland’s network in Romania grows to 100 units

Retailer Kaufland Romania opened its 100th store in the country Thursday, in Drumul Taberei neighborhood in Bucharest. This is also the chain’s ninth unit in the Romanian capital.

Kaufland Bucharest Tudor Vladimirescu created 200 jobs and its the retailer’s second store opening this week, after on Wednesday the company opened a unit in Bacau. According to information previously confirmed by the German company, the investment for a new hypermarket varies between EUR 6 and 9 million, depending mostly on the location.

Since the start of the year, the retailer opened stores in Arad, Targu Mures, Oradea, Targoviste, Bucharest and Gherla.

It’s been 9 years since Kaufland entered the Romanian market, and up till now the German retailer has created over 12,700 direct jobs. The company posted a profit of RON 331 million (EUR 75 million) in 2013, up 20 percent year on year, while turnover increased 13 percent to RON 7.26 billion (EUR 1.64 billion).

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