Metro Cash & Carry makes EUR 1.22 bln sales in Romania

Newsroom 22/03/2010 | 11:18

German retailer Metro Cash & Carry has reported sales of EUR 1.22 billion for last year in Romania, which was down on the EUR 1.63 billion a year before, according to data from the company.

“Among the countries in which Metro Group operates, Hungary, Romania, Russia and Ukraine were hit hardest. The retail trade was also unable to separate itself from macroeconomic developments in Eastern Europe. Following double digit growth rates in 2008, the sector was on a steep downward trend in most countries in 2009. Romania, Bulgaria and Slovakia were hit hardest,” wrote the retailer’s most recent financial report.

Metro Cash & Carry operates 24 stores in Romania and employs 5,639 people, down from 6,390 in 2008. The group also runs Real hypermarkets in Romania, another 24 units across the country.

Corina Saceanu

 

BR Magazine | Latest Issue

Download PDF: Business Review Magazine March (II) 2024 Issue

The March (II) 2024 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “BAT DBS Romania Hub: A Vibrant New Office For An Employee-Centric
Newsroom | 27/03/2024 | 17:32
Advertisement Advertisement
Close ×

We use cookies for keeping our website reliable and secure, personalising content and ads, providing social media features and to analyse how our website is used.

Accept & continue