Romanian retailer La Cocoš achieves over 1 billion Romanian Leu in sales revenue by 2024
Go Big or Go Home! La Cocoș Smashes Sales Record and Expands Like Crazy!
Hey there! If you're keeping tabs on the Romanian retail landscape, here's a juicy tidbit for ya! La Cocoș, the brainchild of entrepreneur Iulian Nica, is giving everybody a run for their money. This badass retail chain racked up a whopping RON 1.18 billion (EUR 237 million) in sales in 2024, clocking a jaw-dropping 20.7% year-on-year increase, making it the first domestically owned retailer to breeze past the RON 1 billion benchmark, according to Ziarul Financiar[1].
Founded in 2014, La Cocoș boasts a trio of hypermarkets, two nestled in Ploieşti and one in Bucharest. A fourth store recently opened its doors in Braşov, and more are on the way! Craiova, Piteşti, and Arad are about to feel the heat as new La Cocoș units rise from the ground[2]. The Craiova store is replacing the old PIC hypermarket, while the Piteşti one will take up residence in the Supernova complex. The Arad store will slide right into the empty space previously occupied by the Real-run Remarkt shop[2].
The expansion comes after a shift in the company's ownership structure in December 2024, when investment funds Morphosis Capital and CEECAT Capital, along with the European Bank for Reconstruction and Development (EBRD), joined forces with Iulian Nica[2]. Before the makeover, La Cocoș operated as a family business, surprising all by grabbing the tenth spot among Romania's top retailers[2]. It's safe to say, the company's on a roll!
The thriving retail chain is shaking up Romania's retail market as consumer demand soars and competition heats up[3]. La Cocoș's success, despite a limited store footprint, speaks volumes about its regional dominance and operational prowess, particularly in its original Ploieşti locations[3].
So, that's the latest! Keep your eyes peeled, because La Cocoș ain't slowing down anytime soon! If you're curious about how this powerhouse is changing the game, drop Iulian Nica a line - iulian@our website[4]. Now, go on, do some groceries with a side of adventure!
[1] Read more about La Cocoș breaking sales records[2] More on La Cocoș's expansion plans[3] In-depth analysis of La Cocoș's success[4] Find Iulian Nica's contact information[5] Check out the company's official photo
La Cocoș, the retail chain that achieved an impressive RON 1.18 billion in sales, is now attracting attention from the finance and business sectors. Given its expansion plans to Craigova, Pitešti, and Arad, it's likely that La Cocoș will have a significant impact on the Romanian retail industry in the near future.
