EXPANSION
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Penny Market Expects Sales Growth To More Than RON3B in 2017
Discount store chain Penny Market will see more than 3 billion lei (EUR656 million) sales in 2017, up about 8% on 2016.
Synevo Romania Posts RON181M Turnover In 2016, Continues Expansion
Synevo Romania, the local lab division of Swedish healthcare services provider Medicover, reported a turnover of RON181 million in 2016 and keeps the same growth trend of the past years.
ING Software Development Center Headed Towards 500 Employees
ING Software Development Center, the software development center in Romania that serves all the subsidiaries of the Dutch group throughout the world, has grown to 370 employees, 100 more tha...
Bucharest Sun Plaza Mall Expands With 25 New Stores
The Sun Plaza shopping mall in southern Bucharest is set to reopen on September 28 with 25 new stores, following remodeling works by its developer and owner S IMMO AG.
Local Retail Chains Potential Targets For International `Sharks’
Local retail chains are potential targets for the modern retail ‘sharks’ such as Profi, Mega Image and Carrefour. The international supermarket and hypermarket chains are thus trying to expa...
AdePlast To Open New Factories in Craiova, Cluj-Napoca, Oradea, Ploiesti
Romanian construction materials producer AdePlast announced Thursday it will expand its production facilities with new units in Isalnita (near Craiova), Cluj-Napoca, Oradea, and Ploiesti.
Six Romanian Retailers Expanded Abroad With More Than 55 Stores
Six Romanian apparel, footwear or cosmetics retailers have tried their luck on foreign markets and now have more than 55 single-brand stores opened either by themselves or by franchisees. Mo...
Sporting Goods Retailer Intersport Aims For 45 Stores In Five Years
Sporting goods retailer Intersport plans to grow to 45 stores in five years and have its online store contribute 10% of its sales, general manager Antoniu Nituleasa says. The retailer curren...
Lidl Romania: Bucharest, Most Important City For Our Expansion
German-held discount store chain Lidl, which officially entered Romania in 2011, will open at least ten new stores a year over the next few years to go from the current 210 to 300 stores.