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Ecco Shoes Boss Suggest Closing Stores On Sunday To Address Labor Shortage
Footwear retailer Ecco Shoes, which has been operating in Romania for nearly 15 years currently has 22 brick and mortar stores and an online store in the country. All but two (Sibiu and Bras...
Luxury Fashion Market In Romania: Some Brands Arrive, Some Leave
The local luxury fashion market is going through a new time of reconfiguration, with a series of store openings and closures by big names with several years of presence in Romania.
Adidas Closes Store In Bucharest Old Town Seven Years After Inauguration
Adidas, one of the largest sporting goods manufacturers in the world, closed the store it opened in Bucharest’s Old Town seven years ago, without commenting on the decision. The few retailer...
Praktiker To Close Three Stores, Expects Growth Of DIY Market
UK’s Kingfisher will keep 23 Praktiker stores in Romania and does not plan to close any more, after having recently announced it would close three, in Focsani, Bacau and Ploiesti, due to cea...
Romania’s Sugar Production Handled By Only Three Plants After Zaharul Oradea Closes
Romania’s sugar production will rely on only three plants as of this spring - Agrana, Bod and Tereos, as Germany’s Pfeifer & Langen decided to close the Zaharul Oradea plant by May 2018.
Biggest Textile Industry Employer In Vaslui Threatens To Close Plant If Minimum Wage Goes Up To RON2,000
The PSD (Social Democrat Party) government’s intention to raise the minimum wage by 38% as of next year (from 1,450 lei or EUR316 to 2,000 lei per month in gross amount) is seen differently...
Draexlmaier Closes First Plant Opened In Romania, Sheds 800 Jobs
Draexlmaier, one of the largest German investors in Romania, which has more than 15,000 employees in the country at the moment, has announced it will close the production faiclity in Pitesti...
Nissa Closes Flagship Store In Piata Romana, Moves To Mall
The lack of parking spots, insufficient pedestrian traffic and unrealistic rents are the reasons that made Romanian fashion manufacturer and retailer Nissa close its flagship store in Piata...
Alison Hayes Closes 350-Employee Plant In Romania Due To High Manufacturing Costs
Alison Hayes, the largest textile manufacturer in Romania by revenue in 2015, has decided to close its plant in Urziceni, southern Romania, which is currently employing 350 people.