Results 1 - 25 from 80 for "penny"
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Germany's REWE Opens Its 363rd Penny Store In Romania
12.18.2023
German supermarket chain REWE, one of the most powerful retailers in Europe, said on Monday (Dec 18) that it opened a new Penny store in Romania, its 363rd in the country. more
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Dan Crisan To Take Over As COO Of PENNY | REWE Romania
10.23.2023
Dan Crisan will be taking over as the new Chief Operating Officer (COO) of PENNY | REWE Romania, starting January 2024. more
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Penny Market Owner Rewe Aims For EUR2B Sales In Romania
09.14.2023
Germany’s Rewe Group, one of the most powerful retailers in Europe, which owns discount store chain Penny Market in Romania, is aiming for EUR2 billion sales a year on this market soon, CEO Lionel more
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Enel X Way Romania To Install 64 Charging Stations For Electric Vehicles In Parking Lots Of Penny Stores
06.15.2023
Enel X Way Romania, part of Enel X Way, a company of the Enel Group dedicated to electric mobility, collaborates with retailer PENNY for the installation of a network of 64 charging stations for more
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Penny Sees Sales Up 33% To RON7.2B In 2022
05.10.2023
Discount retailer Penny Romania, held by Germany’s Rewe Group, ended last year with RON7.2 billion sales, an increase of 33% on 2021. The growth is because of the expansion of the store chain, the more
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Penny Romania Gets EUR160M from Parent Company to Speed Up Development
03.07.2023
Discount retailer Penny Romania has received a EUR160 milion cash infusion from its parent company in Germany, which it will use to speed up development, ZF has found. more
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Penny: 70 Stores and All Four Warehouses to Have Photovoltaic Panels Installed by Yearend
02.15.2023
Daniel Gross, Penny Romania CEO, says that by yearend 70 of the company’s stores and all its four warehouses will have photovoltaic panels installed. more
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Penny Opens 36 New Stores In Romania In 2022
12.21.2022
German-owned discount store chain Penny, one of the most active retailers in Romania, continues its expansion plans by opening 13 new stores in December 2022, reaching a total 36 new units in 2022. more
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PENNY Romania Sees Private Labels Grow Further from 30% Currently
09.12.2022
According to the representatives of PENNY Romania, private labels account for around 30% in the company’s business and their weight is set to grow further in the coming period. more
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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