Retailer Profi aims for 25 new openings for 2012
Discount retail chain Profi plans to open another 25 new stores in 2012. They will join an existing 108-shop network in Romania, 20 of which are located in Bucharest February 2012 - From the Print Edition
According to Pawel Musial, GM of Profi Rom Food, the investment in one outlet is estimated at several hundred thousand Euro. In the next two years, we plan to double the number of stores and we are on track to achieve this sooner than we had planned. I believe there is room in Romania for about 2,000 Profi concept stores, Musial told The Diplomat Bucharest. Enterprise Investors, the fund that owns Profi Rom Food, is one of the largest private equity investors and venture capital firms in Central and Eastern Europe, managing EUR 1.7 billion across seven funds.
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