EXPANSION
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Kaufland Steps Up Expansion In Romania In 2H
Kaufland hypermarket chain, which has a 103-store network in Romania, will spend EUR50 million to EUR70 million to open seven more stores by year-end.
AFI Europe Invests EUR14-15M To Expand AFI Cotroceni Shopping Mall
AFI Europe is going to expand the entertainment area of AFI Cotroceni shopping center by 1,000 square meters, as well as the spaces of fashion retailers and the parking area by another 7,000...
Bosch Sees Romania As Car Manufacturing Market Worth Expanding In
Romania is a very productive and interesting market, with a very good growth potential, according to Werner Richter, general manager with Bosch Rexroth, the automotive technology plant recen...
Top Five Private Medical Service Providers Close To 11,000 Employees
MedLife, Regina Maria, Medicover, Sanador and Gral, the largest operators in the private medical service industry, will continue to hire people this year to implement their expansion plans.
Lidl: EUR1B Mark Not That Far Away
German-held retailer Lidl, which officially entered Romania in 2011, is spending EUR20 million to EUR30 million a year on the expansion that took its business to more than EUR700 million in...
Antibiotice Iasi Seeks Investors To Boost Production Capacity
State-run pharmaceutical producer Antibiotice Iasi (ATB.RO) intends to build two more manufacturing lines in a total investment of EUR40 million and secure the necessary funding by attractin...
Decathlon To Open Two Or Three Stores In 2015
Decathlon, the leading sporting goods retailer in Romania, will continue expansion by two or three stores this year. Sales stood at more than 310 million lei (EUR70 million) in 2014, up 33%...
Mastermind Of Zara’s Expansion In Romania Moves To Moscow
Mihai Cioltea, the Romanian executive who supervised the expansion of Inditex (Zara) in Romania, has taken the position of head of expansion for the Russian Federation and Kazakhstan with th...
NEPI Invests EUR40M In Expanding City Park Mall In Constanta
South-African real estate investment fund NEPI (NEP.RO) has invested EUR40 million in expanding by 21,000 square meters the rentable area of shopping center City Park Mall in southeastern of...