EXPANSION
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Cora Invests EUR120M And Hires 1,000
French-Belgian retailer Cora, which holds a chain of eight stores on the Romanian market, plans to invest EUR120 million this year, half for the opening of new stores and half to buy land.
Romania Is Attractive For Business, But Excessive Bureaucracy Is A Problem, Says H&M Country Manager
One year after H&M’s entry on the local market, Carlos Duarte, country manager of H&M Romania, talks about the retailer's plans an interview with ZF, his first since the retailer opened its...
Major Romanian Constructor Seeks Contracts In Germany
Hidroconstructia, the largest Romanian construction company, with over EUR232 million in turnover in 2010, has opened a branch in Kircheim, Germany, according to information in the Official...
Romanian DIY Retailer Dedeman Aims For EUR500M Sales
Romanian do-it-yourself retailer Dedeman, controlled by brothers Adrian and Dragos Paval in Bacau, continues to surprise with rising sales, which came close to the EUR500 million mark last y...
Billa To Open At Least Ten Stores In 2011
German retailer Billa, part of the Rewe group, will open at least ten stores this year in Romania, and its investment budget, which includes remodeling of older stores, stands at EUR20 milli...
Lidl Gets EUR50M Loan For Stores In Small Towns
German retailer Lidl has secured a EUR50 million loan from the International Finance Corporation (IFC), the private investment division of the World Bank, to finance its expansion in Romania...
Discount Chains Now Cover All Counties Of Romania
The discounter store sector has successfully covered all the counties of the Romania with just two companies, Penny Market and Lidl.
Genpact Looks To Hire 400 For Bucharest And Cluj Centers
Genpact Romania, which provides Business Process Outsourcing (BPO) services continues expansion and looks to hire 400 people this year at service centers in Bucharest and Cluj.
Franke Expects 5% Higher Sales, Plans To Open Nine Showrooms
Kitchen systems maker Franke sees this year’s growth on the Romanian market at 5%, after its sales stagnated at about EUR10 million in 2011.