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Retailer Zanfir Plans To Expand Despite Being Courted By Multinationals
Zanfir, a company that operates supermarkets, a bistro and a wholesale warehouse in Moldavia, ended last year with more than 100 million lei (EUR23 million) revenue, which puts it among the...
Peeraj To Expand Romanian Operations At A Rate Of 20-30 Stores A Year
Arab-held Peeraj group, the most powerful franchise holder in the fashion retail in Romania, will end the year with 70 stores and EUR35 million revenue in Romania.
Top Ten Cities Of Romania Concentrate Half Of Modern Retail
The ten largest cities in Romania concentrate half of the modern retail stores in the country. Bucharest is clearly dominated by Mega Image, while the rest of the country is Profi’s turf.
Dedeman Sees Sales Up 30% In H1
Bacau-based do-it-yourself retail chain Dedeman, the largest entrepreneurial business in Romania, ended the first half with almost 1.8 billion lei (EUR408 million) revenue, an increase of 30...
Timisoara Centrum Expanded Before Construction Start To Meet Demand
Alpha Group Investments, a division of Alpha Bank, and Ali Ergun Ergen, who used to run Plaza and Baneasa malls in Bucharest, are due to begin construction on a retail and office development...
Two Foreign Chains Vying For Top Spot In Romania’s Footwear Retail
The bankruptcy of footwear retailer Leonardo paved the way for the expansion of CCC, a brand of Polish entrepreneur Dariusz Milek, and for Germany’s Deichmann.
Private Labels Account For 20% Of Food Market In Romania
Private labels now account for one fifth of the food market, but these products that retailers developed to take on established brands have yet to become important on such segments as bevera...
Immochan: We’re Considering Coresi-Type Centers In Major Cities
Immochan Romania, the real estate unit of French-held Auchan group, is considering building a new shopping center in Romania using the Coresi Brasov model, which it opened in March following...
Musette Goes To Munich And Sibiu, Grows To 30 Stores
Footwear and accessories manufacturer and retailer Musette held by the Batlan family will grow to 30 stores on nine markets by yearend, following the opening of new stores in Munich and Sibi...