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Auchan 1H Revenue In Romania Up 83% On Real Integration
French group Auchan saw its revenue in Romania go up by 83% in the first half of this year, to almost 1.9 billion lei (EUR424 million) following the integration of the 20 Real hypermarkets,...
Kandia Dulce Sees Growth Opportunity In Traditional Retail
Traditional retail will still hold a big weight in sales of certain product categories, even as modern retail continues to consolidate and grow in the area of proximity stores, believes Miha...
PwC: Discounters Account For A Mere 14% Of Romania’s Retail Market
Discount retailers, such as Lidl and Penny, account for a mere 14% of Romania’s retail market, which is very low compared to developed European countries and considering the average wage in...
Sales Of Bucharest's Shopping Malls Higher By Up To EUR2,000/Sqm Vs Malls In Other Cities
Hypermarkets register the highest sales per square meter in dominant shopping malls across Romania and in capital city Bucharest, with EUR4,500 and EUR6,500 on average, respectively.
ZF Digital ’14: Fixed-Mobile Package Competition May Lead To Mergers And Acquisitions
The sale of integrated fixed-mobile service packages will be telecoms’ new battle over the coming years, which may lead to mergers, acquisitions or partnerships of major operators on the loc...
Mega Image Set To Maintain Focus On Bucharest
Mega Image will maintain its focus on Bucharest, where it already owns almost 80% of the 360 stores it has in Romania, says Xavier Piesvaux, the executive who has been running the company’s...
Kaufland And Auchan Set To Hire Over 1,000 People In Bucharest By Yearend
Retailers have become Bucharest’s biggest employers after hypermarkets have replaced former decrepit plants. As a matter of fact, Bucharest has no plant left employing 1,000 people.
DAAS Romania Focuses On Contracts With Foreigners
DAAS Romania, a major supplier of equipment for hotels, restaurants and food stores, will end 2014 with 100 stores fitted out, out of which ten are hypermarkets. Most units, though, are stil...
First Ben Sherman Store In Eastern Europe Opened In Bucuresti Mall
The first store in Eastern Europe under British menswear lifestyle brand Ben Sherman was opened in shopping center Bucuresti Mall developed by realtor Anchor Grup.