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Lagardère Travel Retail Wants to Bring Costa Coffee Coffee Shop Brand in Romania
Lagardère Travel Retail, which is part of French Lagardère group, which operates in travel retail and on-premise sector, is considering bringing Costa Coffee coffee shop brand as a franchise...
THR Marea Neagra Plans to Auction Several Black Sea Coast Assets
Turism, Hoteluri, Restaurante Marea Neagra (EFO.RO), a company listed on the Bucharest Stock Exchange and 78.6% controlled by Transilvania Investments Alliance (TRANSI), has called its share...
ANRE Approves National Natural Gas Transmission System Development Plan
Romania’s energy market watchdog ANRE approved on Tuesday, during the meeting of the Regulatory Committee, the National Natural Gas Transmission System Development Plan (PDSNT) for the 2022-...
(P) The REPowerEU Plan: European Commission’s Communication for a Joint European Action for more affordable, secure and sustainable energy and what it means for Romania
March 2022 – The European Commission published, on 8 March 2022, its REPowerEU Communication addressed to the European Parliament, the European Council, the Council, the European Economic an...
I3CP Still Wants to Buy City Insurance
Dutch investor I3CP wants to continue talks to buy insurer City Insurance, says its representative Matt Fairfield, even though Romania’s financial regulator ASF announced it had not provided...
Foreign Retail Chains Bet EUR700M to EUR800M on Romanian Consumers Appetite for Spending in 2021
Modern retail chains in Romania are preparing to open 400 new stores in 2021 and spend EUR700 million to EUR800 million on expansion, on upgrades and logistics, ZF has found from the data th...
Foreign Grocery Retailers To Invest EUR1B In Opening 400 New Stores In 2020
Foreign grocery retailers will be spending almost EUR1 billion this year to open 400 new stores, develop new logistics facilities, online commerce and go digital.
Burger Kings Aims for 50 Restaurants in Romania in Five Years
US fast food brand Burger King returned to Romania as a franchise, this time with Poland’s Amrest group, which also operates the Starbucks franchise. Amrest has an about 200 million lei (EUR...
Charles De Gaulle Plaza Office Building in Bucharest Up For Sale
Charles de Gaulle Plaza office building in Piata Aviatorilor in Bucharest, held by Germany’s GLL Real Estate, is up for sale, real estate market sources say. GLL Real Estate is part of Austr...