EXPANSION
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Leroy Merlin To Open Store In Constanta In February
French DIY retailer Leroy Merlin will be opening its ninth store in Romania, in February, in south-eastern city of Constanta.
Selgros To Open Its Second Store In Targu Mures This Summer
Retailer Selgros Cash&Carry on Thursday said it bought a plot of land in downtown Targu Mures where it will build a new store which will be opened at the beginning of the summer.
Atos To Hire 500 People In Romania In 2016
French-held Atos, one of the largest IT solutions integrators in Europe, will expand its local team by 500 people in 2016 so as to reach more than 2,000 employees in Romania by the end of 20...
IKEA Expands On Three Fronts In Romania
Sweden’s IKEA only had one store in Romania for eight years, but last spring its strategy changed with investment reaching EUR300 million, according to ZF estimates. The group is pursuing th...
Tinmar Seeks International Expansion, Entry On Household Consumer Segment
Tinmar Ind, a company whose revenue could reach EUR700 million from electricity, natural gas and oil product trade in 2015, says one of the main avenues for development it will pursue this y...
Catena Overshoots 550 Retail Pharmacy Mark
Catena pharmacy network, the retail business of the Fildas group of entrepreneur Anca Vlad, ended 2015 with more than 550 pharmacies, compared with 500 at the beginning of the year.
Penny Market Plans To Expand At A Rate Of 20 To 25 Stores A Year
Discount store operator Rewe Romania, which has two brands on the local market – Penny Market and XXL Mega Discount, wants to open 20 to 25 stores annually over the next few years for a tota...
Profi Becomes Expansion Champion Of 2015
Modern retailers opened almost 200 new stores in 2015, keeping the same expansion pace as in the last few years. They mostly opened smaller stores, that is supermarkets and convenience store...
Paravion Aims For EUR60M Revenue In 2016
Paravion, one of the leading online travel agencies in Romania, wants to reach EUR60 million revenue next year, an increase of 30% on 2015, generated by its local business and expansion abro...