EXPANSION
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New Mall Needed In North Of Bucharest To Attract New Brands
Bucharest has the potential to keep attracting new brands in Romania but needs additional space to allow expansion, especially in high purchasing power areas.
Pozdarie, Hervis: 2019 Was Hervis Romania’s Best Ever, 2020 Will See Flat Or Lower Consumer Spending
Sporting goods retailer Hervis has 36 stores in Romania, six of which inaugurated in 2019 and plans to step up expansion to 10 stores in 2020.
Michael Schmidt Drops Plans to Sell 51% in Business in Germany
Entrepreneur Michael Schmidt, the most important BMW dealer in Romania, says he dropped plans to sell 51% in his business in Germany and decided to continue expansion on his own.
Opus Land Plans to Invest EUR22M in Cosmopolis Residential Project Expansion
Opus Land, the developer of the Cosmopolis residential compound in Bucharest, plans to invest over EUR22 million in 2020 to expand the project to 4,100 housing units.
dm drogerie markt Continues Expansion In Bucharest, Opens New Store In Victoriei Square
German retailer dm drogerie markt, present on the Romanian market for over a decade, has recently opened a store in Bucharest’s Victoriei Square, on the ground floor of an apartment block.
Six New Malls and Shopping Centers Opened in 2019, Four Expanded in Romania
The year 2019 came with six new shopping centers or retail parks and four major expansions. The first mall in Sibiu was inaugurated last year and Iulius opened the Iulius Town complex in Tim...
2Checkout Expands Office Space In Bucharest’s Pipera Area After Increasing Staff Numbers To 340
E-commerce solutions provider 2Checkout has recently completed the expansion of its office space in Bucharest’s Pipera area, after its team was increased to 340 employees, above its early-ye...
Dedeman Opens 50th Store Next Week in EUR12M Investment
Dedeman, the largest Romanian entrepreneurial business and the largest actor on the DIY retail market, will open its 50th store next week, in Zalau, following an investment of EUR12 million.
Vascar Reaches 21 Stores in Eastern Romania
Vascar, one of the leading cold cuts and canned food producers, has opened two new stores, in Galati and Iasi, reaching 21 units in the eastern part of Romania.