Retailers in Romania Plan $252 Million Investments, ZF Reports

Retailers on the Romanian market plan to invest about 200 million euros ($252 million) to expand their networks in the country by the end of this year, Ziarul Financiar reported today, citing its own estimates.

The 13 retailers in Romania, including Groupe Auchan SA of France and Germany’s Kaufland Stiftung & Co KG, plan to open as many as 80 new stores this year after 117 were opened since the beginning of 2012, the Bucharest-based newspaper said.

To contact the reporter on this story: Andra Timu in Bucharest at

To contact the editor responsible for this story: James M. Gomez at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.