10 PENNY | REWE GROUP Expansion Without a doubt, the most important achievement of last year was surpassing the 400-store milestone nationwide and reaching a total of 416 PENNY stores in Romania by the end of 2024. This was a goal successfully accomplished according to our expansion strategy. In terms of figures, we invested 155 million euros in Romania in 2024 for new store openings, land acquisitions, and the commencement of work on our fifth logistics center in Mihăilești, Giurgiu County. We are continuing our ambitious expansion plans and aim to invest 1 billion euros in Romania by 2030, through the expansion of our network to a total of 619 stores and 6 environmentally friendly logistics centers, properly designed to meet the needs and expectations of Romanian consumers. We are delighted to get closer to our customers from all corners of the country and to actively contribute to the growth of the Romanian economy through sustainable, fair practices aligned with Romania’s economic development and the needs of Romanian consumers.
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