Tengelmann does come to Romania

Tengelmann Group, Germany’s third leading distribution operator is planning to enter the Romanian retail market after having opened branches in Austria, Poland, Portugal, Spain, Czech Republic and Hungary, the Lebensmittel Zeitung online publication reports. The German company deals in various sectors, such as foodstuffs retail chains, textile production, non-foodstuffs retail, bricolage and drugstores. German groups Rewe – through its XXL Mega Discount!, Billa and Selgros Cash & Carry stores, and Metro are already operating on the Romanian market. Tengelmann’s plans for the fiscal year started on April 30 are to expand the Plus discount retail chain by another 120 stores, all of which located in Europe, with 10 opened at first. The Plus division comprises 2,629 stores worldwide. ZF