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CONSOLIDATION

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Modern Retail in Romania: 2020 Outlook
Retail&Consumer

Modern Retail in Romania: 2020 Outlook

Romania's modern retail sector, which currently numbers about 1,500 stores, will go through a series of structural changes in the next five years, the analysts and the companies in the indus...

Loredana Frățilă-Cristescu · 06.07.2015 · 00:00 · 4 min
Romcab Saw 40% Growth In 2014
Capital Market

Romcab Saw 40% Growth In 2014

Electrical wiring manufacturer Romcab Targu Mures (MCAB.RO) controlled by businessman Zoltan Prosszer, ended last year with 653 million lei revenue (EUR147 million), an increase of 40% on 20...

Loredana Frățilă-Cristescu · 12.03.2015 · 00:00 · 1 min
Romania's DIY Market: What’s Next?
Analysis

Romania's DIY Market: What’s Next?

Despite a year that has witnessed a lot of moves, the consolidation of Romania’s do-it-yourself (DIY) market is not over, according to major players in the field, which believe other network...

Catalina Apostoiu · 21.10.2014 · 00:00 · 2 min
CEZ Won't Leave Romanian Energy Market - Country Manager
Energy

CEZ Won't Leave Romanian Energy Market - Country Manager

Czech utility giant CEZ will consolidate its Romanian operations and will not exit the market even if it does sell its wind parks in the southeastern region of Dobrogea, but is not intereste...

Oana Gavrila · 09.09.2014 · 16:03 · 1 min
Local Grocery Retail Might Follow DIY Retail Consolidation Model
Retail&Consumer

Local Grocery Retail Might Follow DIY Retail Consolidation Model

Romania has one of the most competitive retail markets in Europe, and the top three companies operating on it by revenue, Kaufland, Carrefour and Auchan account for 25% together, while the E...

Loredana Frățilă-Cristescu · 30.07.2014 · 00:00 · 3 min
New Winmarkt Boss Says Group Will Focus On Consolidation
Retail&Consumer

New Winmarkt Boss Says Group Will Focus On Consolidation

Carlo Barban, the Italian appointed to run the Winmarkt retail centers in 13 cities in Romania this spring, says the group is not considering expansion in this country but consolidation and...

Loredana Frățilă-Cristescu · 09.07.2014 · 00:00 · 4 min
Philippe Lejeune: Cora Set To Consolidate Its Business In Romania
Retail&Consumer

Philippe Lejeune: Cora Set To Consolidate Its Business In Romania

French Philippe Lejeune, the executive who has been running the 12 Cora hypermarkets in Romania, said the retailer has no intention to sell its operations in Romania, but to consolidate its...

Ecaterina Craciun · 27.06.2014 · 14:17 · 1 min
Gaz Sud Wants To Acquire Both Romanian And Foreign Gas Distributors
Energy

Gaz Sud Wants To Acquire Both Romanian And Foreign Gas Distributors

Romanian natural gas distributor Gaz Sud plans to expand both in Romania and abroad by acquiring companies which operate on the profile market, the company’s general manager Alexandru Bucsa...

Ecaterina Craciun · 12.12.2013 · 17:24 · 1 min
van Groningen: Romania Should Have No More Than Four Universal Banks
Banks-Insurance · ZF BANKERS SUMMIT '13

van Groningen: Romania Should Have No More Than Four Universal Banks

The banking system in Romania will undoubtedly consolidate further because it becomes highly costly to keep a universal bank running and the local market is not able to support more than fou...

Ioana Tudor · 13.06.2013 · 12:37 · 1 min