This will be the fifth PENNY warehouse in Romania, after those in Ștefăneştii de Jos, Turda, Bacău and Filiași. The works will be completed during 2025.

"Romania is an important market for us, that's why we have planned investments of over 1 billion euros until 2029, mainly by expanding the store network to a total of 619 Penny stores and 6 logistics centres. The warehouse will have 22,000 square metres," said Daniel Gross, CEO of Penny Romania.

Construction work has already begun, the logistics centre being located on a 120,000 sqm plot of land. 120 people will be employed in the new facility that will serve 70 stores by the end of 2025 and 100 stores by the end of 2027.

Penny is part of the German Rewe group, with the first store opened on the local market in 2005.

Currently, the Penny network in Romania consists of 379 stores nationwide and a team of 7,300 employees.