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H&M Opens Four More Stores, Looks To Hire 100 People
Retail&Consumer

H&M Opens Four More Stores, Looks To Hire 100 People

Swedish apparel retailer H&M, which entered the Romanian market in late March, is set to open other four stores by the end of this year, reaching thus a ten-unit network.

Octav Ganea · 19.07.2011 · 00:00 · 1 min
Cosmote Confirms Plans For 3G Network In 900 Mhz Band
Technology &Telecoms

Cosmote Confirms Plans For 3G Network In 900 Mhz Band

Cosmote, the third leading operator on the Romanian cellular telephony market, plans to develop a 3G mobile Internet network in the 900 MHz band, an investment that can reach several tens of...

Adrian Seceleanu · 14.07.2011 · 00:00 · 1 min
Raiffeisen: Banking Sector’s Retail Network Is No Longer Justified
Banks-Insurance

Raiffeisen: Banking Sector’s Retail Network Is No Longer Justified

An increasingly pressing question for the banking sector is the fate of the over 6,000 branches still open despite the very low demand for loans, and consolidation will be inevitable, says S...

Razvan Voican · 06.07.2011 · 00:00 · 1 min
Promenade Shoe Stores, Latest Bet Of Otter Shareholders
Retail&Consumer

Promenade Shoe Stores, Latest Bet Of Otter Shareholders

After having kept a low profile for more than two years, Filip Schwartz, major shareholder and CEO of Otter Distribution, is coming up with a new action plan, a footwear store network, which...

Cristina Roșca · 23.06.2011 · 23:50 · 2 min
Mic.ro Reports EUR45M Investment In 600 Stores Nationwide
Retail&Consumer

Mic.ro Reports EUR45M Investment In 600 Stores Nationwide

Businessman Dinu Patriciu’s store chain Mic.ro on Thursday said it has invested over EUR45 million so far in its 600 stores, opened in 50 large cities and neighboring towns.

Andrei Cîrchelan · 23.06.2011 · 13:45 · 1 min
Jolidon Keeps Only Romanian Stores
Retail&Consumer

Jolidon Keeps Only Romanian Stores

Jolidon, one of the few Romanian brands that had succeeded in building a network of almost 150 stores in Romania and abroad, had to close its foreign units, ZF learnt from Jolidon’s Italian...

Cristina Roșca · 15.06.2011 · 01:00 · 1 min
Lidl Set To Build Tens Of New Stores Along With Plus Network Revamping
Retail&Consumer

Lidl Set To Build Tens Of New Stores Along With Plus Network Revamping

Germany's Lidl, which has embarked upon the most aggressive expansion campaign in the Romanian retail market in the past three years, has added all the cities with more than 30,000 inhabitan...

ZF English · 26.05.2011 · 05:00 · 1 min
Retail&Consumer

Mega Image Rolls Out Store After Store

Retailer Mega Image, which owns Mega Image supermarkets, Red Market discount stores and Shop&Go proximity stores on the Romanian market, is set to open another two units in the following wee...

ZF English · 24.05.2011 · 00:23 · 1 min
Ford Sets Eyes On Rivals’ Car Dealers
Automotive

Ford Sets Eyes On Rivals’ Car Dealers

The import unit of Ford Romania, the second largest local carmaker, plans to open ten new centers this year and half of them will be "converted" centers, namely firms that will give up brand...

ZF English · 09.05.2011 · 00:53 · 1 min