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Auchan Considers Launching New Type Of Hypermarket For Small Towns
Retail&Consumer

Auchan Considers Launching New Type Of Hypermarket For Small Towns

Retailer Auchan could launch a new hypermarket format on the Romanian market to cover small towns, a format it is currently expanding in Russia as Nasha Raduga and which has been successful...

Oana Gavrila · 07.07.2014 · 15:35 · 1 min
GTC New Shareholders Plan New Developments Or Acquisitions In Romania
Companies

GTC New Shareholders Plan New Developments Or Acquisitions In Romania

The new shareholders of GTC Romania, one of the main local real estate developers, plan to develop new projects and to acquire projects in the early stages of development, particularly on th...

Oana Gavrila · 03.06.2014 · 13:17 · 1 min
REWE To Invest Over EUR100M In Next 2 Years To Extend Its Romanian Store Network
Retail&Consumer

REWE To Invest Over EUR100M In Next 2 Years To Extend Its Romanian Store Network

German discount retailer REWE has planned investments of over EUR100 million in the next two years to open new Penny and XXL Mega Discount stores in Romania and modernize existing units.

Ecaterina Craciun · 27.05.2013 · 15:05 · 1 min
Blue Air’s New Owner Seeks Brand Consolidation, Larger Fleet, Higher Sales In 2014-2015
Automotive

Blue Air’s New Owner Seeks Brand Consolidation, Larger Fleet, Higher Sales In 2014-2015

The new owner of Romanian low-cost airline Blue Air wants to consolidate the company’s position on the market, bigger sales in 2014-2015, and a bigger fleet, company officials said Sunday.

Oana Gavrila · 19.05.2013 · 14:43 · 1 min
Romvac Targets 13.6% Higher Turnover In 2013, To RON50M
Companies

Romvac Targets 13.6% Higher Turnover In 2013, To RON50M

Romanian manufacturer and distributor of veterinary vaccines and drugs Romvac Company estimates a 13.6% increase in turnover this year, to 50 million lei (EUR11.4 million).

Ecaterina Craciun · 16.04.2013 · 14:02 · 1 min
Meat Processor Doly-Com Continues To Rely On Beef Exports
Retail&Consumer

Meat Processor Doly-Com Continues To Rely On Beef Exports

Romanian meat processor Doly-Com Botosani on Wednesday said it will continue to rely on its beef exports toward international markets, considering that beef exports accounted for 30% of the...

Ecaterina Craciun · 03.04.2013 · 17:56 · 1 min
UPC’s Agenda For 2013: “Yes” or “No” for Mobile Telephony, Internet At 150 Mbps In More Towns
Companies

UPC’s Agenda For 2013: “Yes” or “No” for Mobile Telephony, Internet At 150 Mbps In More Towns

UPC, one of the largest Romanian-based providers of television, internet and fixed telephony services, will this year make a decision on mobile telephony and if it decides to tap this market...

Oana Gavrila · 13.03.2013 · 08:31 · 2 min
Ovidiu Buluc: Farmexim Has Consolidation Plans Over Next Two Years
Health

Ovidiu Buluc: Farmexim Has Consolidation Plans Over Next Two Years

Businessman Ovidiu Buluc, majority owner of drug wholesaler Farmexim, says he will move the company’s operations to the new storage facility in Balotesti (north of Bucharest) at the end of 2...

Ioana David · 10.12.2012 · 00:00 · 3 min
Real Estate

Immofinanz Keeps Plans Ahead Of “Pending” Residential Market Upturn

Austrian realty developer Immofinanz reaffirmed in its annual reports the intention to build housing on the Ventilatorul and Rocar platforms it owns in Bucharest, adding that although a time...

Andrei Cîrchelan · 22.08.2011 · 14:59 · 1 min