EXPANSION
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With 118 Stores, Lidl Becomes Largest Retail Network
As of October 10, discount chain Lidl will become the largest modern retailer on the Romanian market in terms of store numbers, after opening 11 greenfield stores and reaching a total of 118...
Cora Announces Bold Expansion Plan: 20 To 25 New Stores By 2015
French hypermarket operator Cora, which until recently had a slow expansion on the Romanian retail market, is shifting strategy: Thursday it announced plans to open 20-25 stores in the next...
UniCredit Resumes Expansion But With One Foot On The Break Pedal
UniCredit Tiriac Bank, the fifth largest lender in Romania, has gained trust to resume branch opening. However, the spectacular plan of opening 300 units in five years announced in late 2010...
Discount Retailers Prevail After Doubling Networks In Three Years
The discount retailers seem to emerge as the winners of the crisis, having opened over 220 stores throughout Romania from 2008 through 2011 and reached EUR1.2 billion sales on a modern retai...
Continental To Expand Timisoara Tire Factory Through EUR40M Investment
The Romanian branch of German car part producer Continental is expanding its tire factory in Timisoara, investing more than EUR40 million and hiring 300 new employees, general manager Pedro...
Carrefour Plans Strong Expansion In Romania
The French company that boosted the modern retail in Romania announces big expansion plans and an investment restart, which shows it is expecting a rebound in consumer spending in the near f...
Romania’s Top Five Retailers Invested EUR150M In Expansion By September
The top five investors in modern retail have spent about EUR150 million in the opening of stores on the Romanian market this year, according to ZF estimations based on company information. I...
AXA Announces Ambitious Plans For Romanian Market: 100 Offices And 2,000 Consultants
A year after entering the Romanian market via a EUR5 million acquisition, French insurance giant AXA announces the first details of its expansion plans.
Retail Expansion Going Strong As Four Networks Open Stores In Two Days
The expansion of retailers on the local market continues with five major openings by four networks in food, fashion and construction supplies retail, in just two days.