EXPANSION
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Michael Schmidt: We’ll Continue National Expansion
MHS Holding, the entity operating Grupul Automobile Bavaria, one of the largest car dealer networks in Europe, posted more than EUR387 million revenue in 2018, while sales of new vehicles ro...
Medlife Expands Outside Romania Buying Majority Stake in Rozsakert Medical Center in Hungary
Medlife,the leading private healthcare provider in Romania, on Wednesday announced it has acquired 51% of the Rozsakert Medical Center Group of companies in Hungary, its first acquisition ou...
Kiwi Finance Reaches 78 Units, Continues Expansion
Loan brokerage company Kiwi Finance, established nearly 13 years, has reached 78 units in 25 towns and cities across Romania.
Profi Budgets EUR100M for Investments in 2019
Profi retail chain held by buyout investor Mid Europa Partners, ended last year with more than 900 stores after having opened some 230 new ones in 2018 alone.
Gross, Penny Market: We Have 20-25 Store Openings Budgeted For 2019
Discount retail chain Penny Market has more than 230 stores in Romania and plans to open another 20 to 25 in 2019, which makes for a faster expansion pace than last year. It opened 18 Penny...
C&W Echinox: Colosseum Expansion – Largest Retail Development in Bucharest in 3 Years
The expansion of the Colosseum commercial center in the north-western part of Bucharest is the largest, retail development in Bucharest during the last three years, a period during which the...
Amazon to Expand in Iasi, Looks for Additional 5,000 Sqm Office Space
US’ Amazon, world’s largest online retailer, will expand by another 5,000 square meters in Iasi, at the end of 2020, real estate market sources say, to a total of 18,000 square meters of off...
Lidl Set to Continue Expansion, Open Over 15 Stores in 2019
German-held discount store chain Lidl has grown to 238 stores in Romania and continues expansion at its usual pace, 10 to 15 new stores a year. The chain officially entered Romania in 2011 w...
Meli Melo Store Chain Reaches 60 Units, Eyes Expansion Through Franchising
The Meli Melo brand, launched by a group of French entrepreneurs on the Romanian market 25 years ago, has reached a 60-store chain on four markets, namely, Romania, the Republic of Moldova,...