EXPANSION
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Dedeman Plans To Invest Over EUR60M To Open At Least 4 New Stores In 2015
DIY retailer Dedeman, owned by brothers Adrian and Dragos Paval, has earmarked investments of more than EUR60 million for 2015 in network expansion, with the retailer set to open at least fo...
REWE Romania To Expand By 15-20 New Stores This Year
REWE Romania, which operates retail chains Penny Market and XXL Mega Discount, ended 2014 with growth in turnover and profit and opened 16 new stores and plans to open 15-20 new stores this...
Emag To Reach EUR1B Revenue In 2017
eMag, the leading online retailer in Romania, owned by South Africa’s Naspers and Romanian entrepreneur Iulian Stanciu, expects to reach one billion euro revenue in 2017, following internati...
Medicover Romania On The Lookout For Acquisitions
Medicover, the largest foreign investor in Romania’s healthcare sector, is mulling acquisitions this year and targets strong expansion, as it will also invest in new clinics.
Kaufland Romania To Open Nine More Stores In 2015
German-held food retailer Kaufland will continue its expansion in Romania in 2015 by opening nine more hypermarkets, bringing its local network to 111 stores, according to company data.
Lidl Set To Open Over Ten Stores In Romania In 2015 Despite Challenging Economic Conditions
Germany’s discount retailer Lidl, which entered Romania officially in 2011 by taking over Plus store network, plans to open over 10 new stores locally this year, with the network due to go b...
eMag Expands To Poland
eMag, the leading local online retailer, held by South Africa’s Naspers and Romanian entrepreneur Iulian Stanciu, will expand to Poland, the largest electronic commerce market in the region...
General Electric Considers Expanding Oil Equipment Factory In Ploiesti
American giant General Electric (GE) is looking into expanding its oil industry equipment factory in Ploiesti to include off-shore drilling equipment, a company official said in a press rele...
Five Networks Behind 93% Of Modern Retail Store Openings In Romania In 2014
Modern retail players last year added almost 250 stores, maintaining the pace of 2013 and driving the total number of units to almost 1,500. The champions of expansion were Mega Image and Pr...