Penny expands and reaches 382 units in Romania

PENNY announces the opening of store number 382 in Turceni, Gorj county. The new store in Turceni has a sales area of 857.55 sqm and offers 50 parking spaces.

The newly opened store offers an improved shopping experience, highlighting PENNY’s commitment to expanding the 3RO product portfolio – authentic Romanian products, sourced, processed and packaged in Romania.

PENNY is the successful concept of the German REWE group and one of the most active retailers in Romania, with the first store opened on the local market in 2005. The entire network is served by four logistics centers located in the towns of Ștefăneştii de Jos, Turda, Bacău and Filiași . Currently, the PENNY network in Romania consists of 382 stores nationwide and a dedicated team of over 7,300 employees.

Polish retailer SMYK All for Kids expands in Romania with new store in Ploiești

Ploiești, Romania – SMYK All for Kids, the Polish retailer specializing in children’s products, has opened a new store in Shopping City Ploiești, marking its 33rd location in Romania. This new addition is the second store launched by the brand this year.

Covering an area of approximately 400 square meters, the store will be staffed by a team of nine employees, offering a wide range of products for children. SMYK has continued to expand its presence in Romania, catering to the growing demand for quality children’s items.

“Grandparents and other relatives are our primary customers seeking advice from our team when buying products for children. Since they may not be as familiar with the specific needs of the child, they tend to follow trends,” explained Sorin Stancu, General Director of SMYK All for Kids Romania. “This is one of the key reasons we continue to expand in cities like Ploiești, where we are already known and appreciated.”

With this latest opening, SMYK strengthens its foothold in Romania’s retail market, aiming to serve more families with its diverse selection of products designed for children.

M1 Group and Helios Phoenix want to enter the residential market in Cluj and Năvodari

The Lebanese group M1 Real Estate, the real estate division of the M1 group, has started the first phase of a large-scale logistics project in Craiova, which can be valued at around EUR 240 million, and is preparing to enter the residential market in Cluj and Năvodari, all these projects to be carried out in partnership with the Greeks from Helios Phoenix.

The two partners want to build a large-scale project on an 80-hectare plot of land located in the north of Craiova. The first phase of this project will deliver 30,000 sqm of halls with a completion date of the last quarter of next year.

Another point recently added to the development map of M1 Real Estate and Helios Phoenix is Oradea, where in October the construction of a first phase of a new logistics project will begin. This stage, which will have an area of 6,000 sqm, is already pre-leased by Returo and future expansions are planned.

Loredana Oprișa, leasing and development manager of Olympian Parks, revealed the fact that the two partners plan to realize mixed residential projects with commercial spaces in Cluj and Năvodari, but from 2026.

Source: Profit.ro

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