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Results 1 - 25 from 71 for "penny"

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  • Penny Net Profit Surges 44.8% YoY To RON123M In 2021

    04.14.2022

    German-owned discount store chain Penny on Thursday said it ended 2021 with a turnover of RON5.39 billion, up 14% from 2020, and a net profit of RON123 million, up 44.8% on the year. more

  • Penny Wants to Step Up Store Opening Pace from 2022

    12.09.2021

    Penny continued to open new stores during the pandemic, 20-25 units per annum, but wants to step up and even double up the pace toward 40 units starting 2022. more

  • Penny Eyes 15% Higher Turnover, Of Almost RON5.5B, in 2021

    11.09.2021

    2021 has topped initial expectations for Penny Romania, despite the pandemic and inflation that hurt companies in various fields, so that the retail is poised to see turnover go up by around 15%, to more

  • Penny Wants 60% of Products Sold In Its Romanian Stores to Be Locally-Made and Processed by 2022

    10.08.2021

    German-owned discount store chain Penny aims to have 60% of products sold in Romania manufactured and processed in Romania by 2022, according to the company’s representatives. more

  • Ropharma Sells 8,850 Sqm Plot in Iasi to Penny for EUR2M

    08.11.2021

    Pharmaceutical company Ropharma (RPH.RO) held by several Cyprus-based companies has secured approval from shareholders to sell an 8,852 square meter plot on Soseaua Bucium in Iasi to Rewe more

  • Penny Seeks To Boost Number Of Stores With Butcheries In Romania To 375 Until 2029

    05.28.2021

    German-owned discount retail chain Penny, which operates a network of almost 280 discount stores in Romania, seeks to extend its local partnerships in order to boost the number of stores with more

  • Penny Reports Net Turnover Of RON4.73B For 2020

    05.11.2021

    German-owned discount retail chain Penny, which operates a network of almost 280 discount stores, had a net turnover of RON4.73 billion in 2020. more

  • Penny CEO Daniel Gross Expects 2021 to Be More Difficult Than 2020

    04.01.2021

    This year will be more difficult than the first year of the pandemic, whose impact will be stronger in 2021, believes Daniel Gross, the chief executive officer of German-held discount store chain more

  • Penny Set to Keep Hiring, Expanding in 2021

    01.26.2021

    Discount retailer Penny will continue to hire in 2021, as a result of store chain expansion and the development of a new warehouse. more

  • Penny Ends 2020 with 20 New Stores, Same as Last Year

    12.21.2020

    German-held discount store chain Penny has opened 20 stores this year without closing any in Romania. The company expanded at the same pace it announced a while ago and will continue do so in the more

  • Penny Market Posts 53% Growth in Net Profit in Romania in 2019

    06.15.2020

    German-owned discount retail chain Penny Market reported a turnover of RON3.96 billion for 2019, up 15% on the year, while its net profit grew 53%, to RON55.15 million. more

  • Penny Market: Investment Budget Unchanged For Now

    04.01.2020

    Discount retail chain Penny Market has not changed its investment strategy amid the pandemic, but it might happen, and the decision will depend on the number of new coronavirus cases, on the steps more

  • Penny Market Earmarks EUR90M For Investments In 2020

    02.05.2020

    German-held discount retailer Penny Market will invest EUR90 million in network and logistics area expansion this year. The company will therefore continue development of its business in Romania, more

  • Private Labels Now Account for Over 25% of Penny Market’s Sales

    11.22.2019

    Boni, Gran Mare and Hanul Boieresc and other private labels contributed more than one quarter of the sales of German discount store chain Penny Market. They contributed more than 900 million out of more

  • Private Labels Account for a Quarter of Penny Market Sales

    09.03.2019

    Private labels such as Penny, Boni and Hanul Boieresc generate more than one quarter of the sales of the retail chain Penny Market, but the target its to have them account for 35% of the sales. more

  • Penny Market Set to Preserve Double-Digit Growth Rate in 2019

    07.17.2019

    Discount store chain Penny Market has more than 240 stores in Romania and continues expansion at a rate of 20 to 25 stores a year. more

  • REWE Romania Seeks to Double Network in 7 Years, Invest EUR500M Locally

    05.09.2019

    REWE Romania, which operates discount store chain Penny Market, plans to double its number of stores locally in the next seven years and to invest EUR500 million in development, company general more

  • Penny Market Opens New Store, Reaches 238 Units In Romania

    05.08.2019

    more

  • Penny Market: Over 70% of Products on Shelves Sourced from Romanian Suppliers

    05.08.2019

    Discount store chain Penny Market, which has about 240 stores in Romania, works with over 450 suppliers in the country to secure more than 70% of the products on shelves. more

  • Penny Market to Invest RON2.3B in Romania by 2025

    04.17.2019

    German-held discount store chain Penny Market invested 346 million lei (EUR72 million) last year, directing the money to the opening of 15 new stores, remodeling of already existing ones to the future more

  • Penny Market Set to Open 20-25 Stores in 2019

    02.12.2019

    German–held discount store chain Penny Market will expand the network by 20 to 25 units this year and prepare a logistics investment in the southern Romania region of Oltenia. more

  • Gross, Penny Market: We Have 20-25 Store Openings Budgeted For 2019

    01.18.2019

    Discount retail chain Penny Market has more than 230 stores in Romania and plans to open another 20 to 25 in 2019, which makes for a faster expansion pace than last year. It opened 18 Penny Market more

  • Penny Market: We Plan To Open Our Fourth Logistics Center In Romania

    05.02.2018

    German-held discount store chain Penny Market, which has more than 220 stores in Romania has three warehouses and is already thinking of a fourth. more

  • Penny Market Eyes 13% Higher Turnover In 2018, Of Nearly RON3.3B

    04.18.2018

    Discount store chain Penny Market, held by German retailer REWE, posted a turnover of RON3 billion in 2017 and targets an increase of nearly 12-13%, up to RON3.3 billion. more

  • Penny Market Budgets 20-25 New Stores In 2018

    01.16.2018

    German-held discount store chain Penny Market, which has more than 220 stores in Romania, has budgeted 20 to 25 new stores for 2018, the same expansion rate as in 2017, the company said. more

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