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ING: We'll Continue To Invest In Romania, Focus On SME And Retail
Dutch-held financial group ING will continue to invest in Romania, directing its resources mainly towards the small and medium-sized enterprise area and towards retail in an attempt to stren...
SAP: Retailers Need To Invest More In IT Systems
Retailers need to invest more in IT systems to be able to use the information about consumers and other industries faster and more easily, so as to create more relevant offers for their cust...
Argentopoulos, Baneasa: Retailer Sales Up Because Of Rise In Traffic
George Argentopoulos, the chief executive officer of the company managing the Baneasa Shopping City project in northern Bucharest, says he did not see any rise in average spending in the fir...
Crisis Businesses In Romania Start Caving In
In the first seven months of this year, almost 50,000 entrepreneurs in Romania bid farewell to the businesses they ran, down just 2% from the same period of last year, according to Trade Reg...
Three Romanian Entrepreneurs Bet On Niche Stores
Alba-based Supremia Group, a food ingredient producer controlled by entrepreneur Levente Bara, Suceava-based Betty Ice, the second largest producer of ice-cream owned by Vasile Armenean, and...
Kaufland Opens First Small Format Store In Romania
German-held retailer Kaufland, the biggest player in Romanian retail, opened its first small format (around 2,000 square meters) store in Romania. The store was opened in Gherla locality of...
Retail Profile Of Bucharest Main Streets: Pharmacies, Banks, Betting Agencies And Mega Image
The retail spaces bordering the boulevards in Bucharest are now housing about 1,000 pharmacies and as many bank offices so a ten-minute walk on a main street like Stefan cel Mare reveals 14...
Immofinanz Brings New Shopping Mall Concept To Romania
Austrian property investor Immofinanz wants to bring to Romania a network of small-sized shopping centers, a concept it was planning to develop on the Romanian market before the start of the...
Computer And Electronics Retailers Expect Growth Of 20% In 2014
The computer and electronics retail market gained 10% to 15% in the first half and companies in the industry expect growth of 20% for the entire year, driven by the invigorating purchasing p...