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193 new news items in the last 24 hours
Friday 09:54

The supermarket sector in Romania closed 2024 with a turnover of 149 billion lei, an increase of 4.35%. Lidl and Kaufland dominate the market.

Matei Gaginsky
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Economy
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In 2024, the supermarket sector in Romania reported a total turnover of 149 billion lei, marking a growth of 4.35% compared to the previous year, with a cumulative net profit of 4.1 billion lei. Lidl is in the first position, with a turnover of 23.97 billion lei and a net profit of 1.22 billion lei, followed by Kaufland with 19.58 billion lei and 1.15 billion lei profit. Profi ranks third but recorded a net loss of 210 million lei. Carrefour, Mega Image, Penny, and Auchan complete the top, each having varied turnover and profits.

The market has grown steadily over the last three years, with a value of 127.5 billion lei in 2022 and 143.4 billion lei in 2023. The profit margin was low, ranging between 2.7% and 3.4%, and the total number of employees exceeded 170,000, with sales per employee increasing from 685,000 lei in 2022 to 875,000 lei in 2024. Most supermarkets are controlled by foreign groups, especially from Germany, France, and Belgium.

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Ce companii domină retailul modern în România

ȘTIRI PE ACELEAȘI SUBIECTE

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Carrefour plans to sell its operations in Romania and other countries in Central and Eastern Europe, hiring an investment bank for evaluations.
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Economist Cristian Păun explains the possible reasons why Carrefour might abandon its operations in Romania, citing the tax burden and abusive regulations.
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The Competition Council conducted inspections at large retail chains for possible unfair commercial practices in relation to milk producers.
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Diaspora
Pepco will close 28 stores in Germany, affecting 165 employees, due to financial losses and insolvency.
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Economy
The Competition Council conducted surprise inspections at six major retail chains to verify compliance with the law regarding unfair commercial practices in relation to dairy suppliers.
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supermarkets turnover growth

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Yesterday 19:00

The government has approved exceptions for local authorities' expenses, allowing the organization of festive and cultural events until the end of the year.

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