ROMANIA: Auchan returned to profit in 2017 | Progresiv

French group Auchan, one of the biggest players in the local retail market, rebounded on profit last year, reporting a profit of 74.99 million lei, while in 2016 the registered losses were 23.9 million lei, according to public data.

In terms of turnover, the retailer reported revenues of 5.22 billion lei, up by 7% over the previous year, when Auchan's business amounted to 4.89 billion lei.

In Romania, the Auchan chain currently has 33 hypermarkets, 15 proximity stores and 3 MyAuchan supermarkets. The list of openings announced for the next period includes a supermarket that will be inaugurated in the Obor shopping center and a hypermarket on the site of the former Ford factory in Bucharest.