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Profi’s 2017 Plans: 200 New Stores, EUR1B Sales
Profi supermarket chain acquired by buyout investor Mid Europa Partners at the end of last year has budgeted 200 store openings this year, which would take the network to more than 700.
Sika Wants To Open Its Third Factory In Romania
Sika Romania, one of the main players on the Romanian market of chemical materials for constructions, targets this year a growth rate similar to that in 2015, when the company reported a tur...
Mega Image To Open 40 New Stores In Romania By End-2015
Mega Image will be opening some 40 new stores by the end of 2015, among which, one in Baneasa (northern Bucharest), and targets a turnover of EUR650-700 million in 2015, up nearly 30% from E...
Romania Ranks 5Th Among World’s Employers By End-Year Recruitment Plans
Two of ten Romanian employers have recruitment plans in the last three months of 2015, up 5% compared with the same period a year before, according to a survey of recruitment and short-term...
Electrica Seeks Stockholders Approval For RON860M Investment Plan
Romanian power supply and distribution company Electrica (EL.RO) will seek its stockholders' approval for an investment budget of 860 million lei (EUR194 million) in 2015, after the first dr...
Flanco To Launch Private Label, Open Four Stores This Year
Electronics and IT retailer Flanco plans to launch its own private label this year, which could account for 10-15% of its turnover in the next three years, and will invest RON10 million in f...
Immochan Starts Second Stage Of Coresi Retail Center In Brasov This Summer
Immochan, the real estate division of French retail group Auchan, plans to start this summer the second stage of works on the Coresi shopping center in Brasov, consisting of 13,500 square me...
DONA Pharmacy Chain Switched Back To Profit In 2014
Romanian pharmacy chain DONA, which currently consists of 275 units, ended 2014 with a 30% growth in turnover and switched back to profit, with net earnings of EUR6 million.
elefant.ro Targets Double Turnover Each Year, Not Seeing Profit Yet
Shareholders of Romanian online store elefant.ro have so far invested EUR5 million in developing the platform, plan to continue investments, and estimate the company's turnover will double e...