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Kaufland Overshoots RON10B Revenue Mark In 2017
German-held hypermarket chain Kaufland, the leader of grocery retail in Romania, ended last year with 10.1 billion lei (over EUR2 billion) revenue, 4% higher than in 2016, ZF has found.
Top Ten Real Estate Deals In Romania Amount To Almost EUR1.4B
The most important deals on the real estate market in Romania were closed in 2006-2007, 2016 and 2017, setting records on the retail, office and industrial space and hotel segments.
Fuel Retail Close To EUR10B Record High In 2017
Romanians bought 44.3 billion lei (some EUR9.6 billion) worth of gas and diesel from the 2,100 filling stations in the country in 2017. This is the highest spending ever, higher than the 200...
Lidl Throws Down Salary Gauntlet
German-held discount store chain Lidl, which conquered local grocery retail in six years, will be raising the salaries of its more than 5,500 employees as of March 1.
Home And Lifestyle Retailer Vivre Posts EUR35M Revenue In 2017
Home and lifestyle retailer Vivre ended 2017 with EUR35 million revenue, an increase of 28% on the previous year in the eight countries in the region where it sells its products online.
Carrefour Overshoots EUR2B Revenue Mark In Romania In 2017
The gross revenue of the Carrefour group in Romania went beyond EUR2 billion for the first time since its arrival in this country.
Kaufland Steps Up Expansion In 2018
German-held Kaufland, the leader of the local retail market, steps up expansion after three years of slowing down to four or five new stores a year. The company has now budgeted ten new stor...
Omniasig: Growth Opportunities To Come From SME And Retail Segments In 2018
Growth opportunities for local insurers this year will come from small and medium-sized companies, an insufficiently tapped segment, and the from the retail segment, says Mihai Tecau, CEO of...
S Immo: We’re Looking At The Market To Develop New Office And Retail Schemes In Bucharest
Austrian-held S Immo AG still wants to develop on the Romanian market, especially on the office space segment, as well as on the retail segment, says Friedrich Wachernig, member of its board...