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Modern Retailers Use More Than 50 Hectares Of Storage Space
The 12 modern retail networks operating in Romania own or signed long-term leases for more than 50 hectares of logistics space. This is enough space to accommodate 50 large hypermarkets.
Convenience Stores Bring Romania Leading Spot In The Region By Sales Growth
The revenue of Romania’s modern convenience stores, such as Carrefour Express or Shop&Go (Mega Image) is set to rise by 102% this year, the biggest growth in Central and Eastern Europe, reve...
Former And Current PwC Partners Invest RON10M In Retail Project
Emilian Radu, former PricewaterhouseCoopers partner, along with Vasile Iuga, Radu Stoicoviciu and Mihaela Mitroi, three partners of the audit and consultancy firm, are investing almost 10 mi...
Bucharest's 31 Hypermarkets Expect Sales Of RON1B In December
Hypermarket chains, which have covered the map of Bucharest with 31 units, project sales of almost one billion lei in Bucharest alone in the context where the last month of the year brings s...
Romania Retail Trade Posts Fourth Highest Growth In EU In October
Romania registered the fourth highest annual growth in retail trade in the European Union in October, of 5.8%, overtaken by Luxembourg, Estonia and Slovakia, Eurostat data showed Wednesday.
Rewe Taking The First Steps Towards Sale Of Billa Supermarkets
Germany’s Rewe is taking the first steps towards the sale of the over 80-supermarket Billa Romania chain, market sources say. Billa Romania, with its 1.35 billion lei (EUR305 million) revenu...
Kaufland Opens Tenth Store In Bucharest And Ends The Year With 102 Stores In Romania
Germany’s hypermarket chain Kaufland, the leader of Romanian retail with revenue of above EUR1.6 billion last year, yesterday opened the tenth store of its Bucharest network and its 101th st...
Romanian Footwear Retailer Il Passo Mulls Local Production Unit, Stores Abroad
Local footwear store network Il Passo plans to expand abroad after having reached 15 units locally and also open a production unit, Petru Chiriac, the company’s owner told ZF Live.
Dan Ivan, Actavis: We Thoroughly Changed Our Business Model
Retail sales (via pharmacies) are now at more than 60% of the total at the moment, because of a decision made to change the business model at the end of 2011, says Dan Ivan, general manager...