Metro Group posts sales worth EUR 1.83 billion in Romania last year

German Metro Group, who locally operates Metro Cash &Carry and Real hypermarkets, posted sales worth EUR 1.83 billion in Romania last year, down by 3.5 against 2009. The drop was generated by a 7.3 percent sales decrease of Metro Cash & Carry (EUR 1.13 billion) while Real saw sales go up by 3.4 (EUR 694 million) in 2010.

“Sales in Eastern Europe increased by 13.1 percent to EUR 3.1 billion (in local currencies: +6.1 percent). While sales in Russia and Turkey grew dynamically, the difficult economic environment caused sales in Romania to decline,” reads the company’s report.

Worldwide, Metro Group registered sales worth EUR 67.3 billion, 2.6 percent more than in 2009. EBIT before special items soared by nearly 20 percent to EUR 2.41 billion.

In 2010, the company opened 100 new stores worldwide, out of which two were in Romania, one Real hypermarket and one Metro Cash & Carry unit. Metro Group’s local network is made out of 26 Metro Cash & Carry stores, and 25 Real hypermarkets.

Plans for 2011 include the opening of another 110 units, with a clear focus on the Asian market. Presently, the retailer operates more than 2,100 stores in 33 countries.

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Simona Bazavan