Grocery retailer Profi has resumed expansion by opening its first stand-alone store in Bucharest and the 23rd in the capital. This is the first out of 45 outlets which will be opened this year and which will require investments of about EUR 18 million, said Cosmin Calugar, Profi Rom Food expansion manager during the store’s opening event.

In addition to its existing proximity format, this year the Profi will launch two new smaller formats – Profi City which is adapted for large urban areas and Profi Loco which will be opened in rural areas. The first two such stores could be opened this May in Transylvania but the development in urban areas remains the company’s focus.

Source: business-review.ro