EXPANSION
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Noriel Wants To Expand Toy Factory, Enter Neighboring Markets And Develop Its Own Brands
Toy retailer Noriel, a EUR25 million business last year, plans to relocate its toy factory in a bigger space, to develop its own brands for babies, to open new stores and enter the Hungarian...
Hidroelectrica Mulls Buying Hydropower Plants In Neighboring Countries
Romania’s largest electricity producer is in talks to buy some hydropower plants in the neighboring countries, Remus Borza, the court-appointed trustee of the insolvent company, announced on...
Footwear Brand Ecco Reaches 22 Stores In Romania
Footwear brand Ecco Shoes has reached 22 stores in Romania after five openings this year alone. Expansion on the one hand and the rising sales in already existing stores will drive the compa...
Immofinanz Begins Expansion Of IRIDE Business Park
Austria’s Immofinanz, the largest office space owner in Romania with more than 200,000 square meters, has chosen a builder and will begin expansion of the IRIDE business park in Pipera, nort...
Ericsson Expands Bucharest Office By 30%
Swedish communications industry group Ericsson, which is currently employing about 3,000 people in Romania, continues expansion and rented an additional 5,000 square meters in Bucharest.
Kaufland Opens Tenth Store In Bucharest And Ends The Year With 102 Stores In Romania
Germany’s hypermarket chain Kaufland, the leader of Romanian retail with revenue of above EUR1.6 billion last year, yesterday opened the tenth store of its Bucharest network and its 101th st...
Tip Top Owners Want To Reach 55 Confectionery Shops In 5 Years
Tip Top confectionery shop chain, with a two-decade history, will reach 35 units by the end of 2015, from 22 at present and the company plans to increase the number to 55 in the next five ye...
Germany’s dm drogerie markt Continues Expansion In Romania
German-held cosmetics and fast-moving consumer goods retailer dm drogerie markt opened ten stores in financial year 2013-2014, which ended in September, and continues expansion at the same p...
Hornbach Buys Former OBI Store In Sibiu, Resumes Expansion
German-held do-it-yourself retailer Hornbach will open a new store in Sibiu in the first half of next year, where it bought an about three-hectare plot and the space that previously housed a...