PIC
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All Five Bankrupt PIC Hypermarkets Finally Sold
All five hypermarkets of bankrupt Romanian-held retailer PIC have found a buyer. France’s Saint Gobain bought the hypermarket in Calarasi, a distribution and transport company bought the store in Craiova and the store in Braila went to a local manufacturer of...
Former Pic Store In Pitesti Sold To Romanian Investors
The former Pic hypermarket in Pitesti has been sold to Romanian investors, liquidator PricewaterhouseCoopers Business Recovery Services announced Monday.
PIC Hypermarkets In Craiova, Calarasi, Braila Put Up For Sale Again
The former PIC hypermarkets in Craiova, Calarasi and Braila, as well as a plot of land in Blejoi, Prahova county, will be put up for sale again on April 25, by judicial administrator Pricewa...
Bankrupt PIC Hypermarket In Oradea Sold To Maltese Investors To Be Made Into Logistic Center
The former PIC hypermarket in Oradea, western Romania, has been sold to Western Logistics SRL, part of Malta's Alf. Mizzi & Sons Ltd, which will reconvert it into a logistic center, Pricewat...
No Potential Buyer For Bankrupt PIC Retail Network
No potential investor has expressed interest in buying bankrupt PIC retail network whose stores were put up for sale more than a year ago by the company’ judicial administrator Pricewaterhou...
PIC Hypermarkets Put Up For Sale As Takeover Deal Falls Through
Romanian insolvent hypermarket network PIC has been put up for sale by its legal administrator PricewaterhouseCoopers Business Recovery Services (PwC) after businessman Nicolae Sarcina quit...
Nicolae Sarcina Buys Four Former PIC Stores
Gorj-based businessman Nicolae Sarcina, who controls the Succes business, is set to buy four of the five hypermarkets of insolvent PIC chain, according to sources close to the deal.
Romanian Retailer Opens Former PIC Store Under Succes Brand
The PIC hypermarket in southern Romanian city Craiova was relaunched Thursday under the Succes brand, after Succes Nic rented two stores from bankrupt PIC, PIC's court-appointed administrato...
Local Supermarket Network Succes To Open Hypermarket In Former PIC Space
Gorj businessman Nicolae Sarcina, the owner of the Succes supermarket chain, will tap into the hypermarket segment by opening a unit in the 9,000 square-meter space formerly occupied by PIC...