10.30.2023

Law firm RTPR assisted private equity firm MidEuropa Partners in the sale of Profi, while providing Profi support in the largest deal in the retail sector ever concluded in Romania, which stood at more

10.30.2023

Dutch-Belgian group Ahold Delhaize, owner of Mega Image, has taken over Profi network in Romania from MidEuropa Partners, an investment fund. The deal is valued at EUR1.3 billion, the highest in the more

10.16.2023

Private equity fund Mid Europa Partners has mandated investment bank Citi to find a buyer for store network Profi, one of the biggest retailers locally by turnover (EUR2.4 billion last year) and more

10.11.2023

Profi is tapping into the local dairy market with a new private label, Laptaria Amu, and hopes it reached over 10% of the network’s sales in one-two years. more

08.31.2023

Retailer Profi, controlled by investment fund Mid Europa Partners, on Thursday (August 31) announced that Eric Tavoukdjian had joined the company's management team as Chief Commercial Officer (CCO), more

08.30.2023

Retailer Profi has budgeted an over 10% turnover and EBITDA profit increase for this year. more

05.26.2023

Retailer Profi, controlled by investment fund MidEuropa Partners, saw its sales go up by 22% last year, with the increase particularly supported by the rising number of clients. more

02.03.2023

Modern retail chains Profi and Auchan have recently concluded a partnership for joint negotiations with large suppliers for the purpose of improving the bargaining power of the two chains "to the more

01.24.2023

Profi, a store chain held by investment fund Mid Europa Partners, will maintain its expansion pace this year with more than 250 new openings and remodels. more

12.28.2022

CTP, the largest developer and manager of logistic and industrial space in Romania, is expanding its partnership with Profi. The current expansion delivered by CTP for Profi increases the area leased more

09.29.2022

Gaetan Pacton will take over the position of Chief Executive Officer (CEO) of grocery retailer Profi starting October 1, 2022, according to company officials. more

09.21.2022

PwC Romania has assisted grocery retailer Profi in the process of digital transformation and optimization of its Human Resources Department by implementing the SAP SuccessFactors solution which more

06.06.2022

The Profi chain has reached an almost equal number of partner and integrated stores, after the company signed the contract for its 800th partner store in Viseu de Sus, Maramures County. more

05.30.2022

Grocery retailer Profi, held by buyout investor Mid Europa Partners, had a turnover of RON9.5 billion in 2021, up 7.8% from 2020. more

03.23.2022

Calin Costinas, deputy CEO of Profi, says the company will in 2022 slow down the pace of new unit openings, but step up the pace of existent unit refurbishment. more

03.16.2022

Grocery retailer Profi, held by buyout investor Mid Europa Partners, has rented four floors in the Baneasa Airport Tower building of Immofinanz for its new Bucharest office. more

01.11.2022

Retailer Profi, held by buyout investor Mid Europa Partners, seeks to open or modernize 300 stores in 2022, its most ambitious expansion plan to date. more

12.28.2021

Retailer Profi, held by buyout investor Mid Europa Partners, opened a total of 19 new stores in December, 18 of which were in the Loco format used in rural Romania. more

12.06.2021

Store chain Profi, owned by investment fund Mid Europa Partners, in the first 11 months of this year opened 154 new stores, with most of them, around half, under the Loco format destined to rural more

11.18.2021

Profi retailer, controlled by Mid Europa Partners investment fund, has reached the threshold of 100 stores operating under the Noul Profi (the New Profi) concept, just one year since the opening of more

09.08.2021

Profi retailer, controlled by Mid Europa Partners investment fund, opened 100 units in the first eight months of 2021. The initial target envisaged 250 new store openings in 2021, but the company is more

08.11.2021

Profi store chain, controlled by Mid Europa Partners investment fund, is raising its bet on rural areas, with almost half of the 90 stores opened in 2021 being under the Loco format, destined to more

07.01.2021

Retailer Profi, held by buyout investor Mid Europa Partners, has opened 80 new stores since the beginning of 2021, reaching 1,476 units across Romania. more

06.02.2021

Romania’s Competition Council has approved the transaction whereby retailer Profi acquired ten proximity stores from the company Pronto Mobile SRL in April 2021. more

04.16.2021

Retailer Profi held by buyout investor Mid Europa Partners, seeks to expand to 2,500 stores by 2024, as well as attain RON20.5 billion sales and 23.9% market share, a report of the company shows. more