The retailer La Cocoș has opened a new hypermarket in Craiova, investing 7.3 million euros. The German group Schwarz will take over the majority of the shares, supporting the brand's expansion.
Miruna Brosban
Current Affairs
Foto Facebook
Always see our news on Google
La Cocoș has inaugurated its sixth hypermarket in Craiova, replacing the former PIC store, with a total area of 16,000 sqm. The investment of 7.3 million euros includes a stock of goods worth 3.7 million euros. At the opening, Adrian Mutu and Cătălin Moroșanu were present. Recently, the German group Schwarz announced its intention to acquire the majority of La Cocoș shares, forming a strategic partnership for the expansion of the brand in Romania and Europe. Iulian Nica, the founder of La Cocoș, emphasized that this partnership will accelerate the company's development, aiming to reach sales of 1 billion euros by 2030. Currently, La Cocoș operates in the counties of Argeș, Brașov, and Prahova, with plans to open 12 new stores in the next 3-5 years.
Sources
La Cocoș, deschidere cu Cătălin Moroșanu. Anunță rezultate surprinzătoare în prima zi la Craiova FOTO&VIDEO
La Cocoș a inaugurat joi un hypermarket în Craiova, cel de-al șaselea magazin al companiei / Retailerul va încheia anul cu 7 magazine versus 3 la începutul lui 2025
La Cocoș a deschis un nou hypermarket: De la avion de linie la navetă spațială! VIDEO
Latest News
08:41
Researchers at Stanford University have created the first viruses designed with the help of artificial intelligence.
08:20
How the energy consumption of Romanians looked after Ilie Bolojan's calls for moderation. Announcement from Transelectrica
07:56
Oana Țoiu, discussion with the Minister of Foreign Affairs of Kazakhstan: "We have conveyed our special appreciation to our Kazakh partners for the resumption of wheat exports."
07:44
Donald Trump challenges the U.S. Supreme Court. Signs executive orders to limit American citizenship granted by birth.
07:32
Power outages in the Republic of Moldova, due to the weather. The Bălți-Dnestrovsk power line is severely damaged.
See more news
NEWS ON THE SAME TOPICS
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
