Profi

The Competition Council has expressed a series of competitive concerns regarding the transaction through which Delhaize "The Lion" Nederland B.V. (Mega Image) is acquiring Profi Rom Food S.R.L. The concerns, arising from the analysis…

Mega Image initiates extensive store and warehouse revamp, with over €25 million invested so far. The investment is part of an extensive process that will continue in the coming years to strengthen security measures and improve the shopping…

Ahold Delhaize, a global players food retailer, which currently owns 19 brands globally, including Mega Image, announces that it has reached an agreement on the acquisition of the company Profi Rom Food, which operates the network of Profi…

PROFI network is expanding rapidly, inaugurating new stores while also taking over already-existing networks. The most recent development involves acquiring a group of 18 supermarkets from the local peer Pram Maya. This transaction was…

Cristian Nacu, the former owner of the Profi stores network, has taken over, from March 1, 2018 the position of Senior Country Officer for Romania and the Republic of Moldova of the International Finance Corporation (IFC), the World Bank’s…

2016 was another good year for consumer goods industry, both in terms of retailers and manufacturers. Fast-moving consumer goods (FMCG) market increased by 3.4 percent last year compared with 2015, Romanians having with an increased…

Profi, the retailer which currently has 401 supermarkets, recorded last year a net profit of RON 52.5 million (EUR 11.6 million), almost double the value in 2014, to a turnover of RON 2.54 billion (EUR 565 million), up by 40 percent,…

Romanian discount retailer Profi, owned by Polish investment fund Enterprise Investors, continues its expansion plans locally, reaching in May to 400 stores, with the opening unit this weekend in Iasi (north-eastern Romania), a press…

Noriel stores have been purchased by the Enterprise Investors Polish investment group that also controls Profi supermarket chains. The sellers are the Constantinescu family, who set up the famous toy store in the first place, and a fund…

Currently, there is a reversal trend in Romania on the labor market compared to the situation before the crisis. Then, many companies, especially multinationals, massively brought foreign managers because they have rapidly expanded and…