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Baumax Disappointed With Performance Of Bucharest Stores
Retail&Consumer

Baumax Disappointed With Performance Of Bucharest Stores

Austrian DIY network BauMax, with EUR132 million in sales last year, is currently building its second store in Cluj and is set to start work on a store in Oradea by yearend, after the stores...

Cristi Moga · 30.09.2011 · 00:00 · 1 min
No Clear-Cut Winner In This Fall’s Mall Battle
Real Estate

No Clear-Cut Winner In This Fall’s Mall Battle

The newest “battles” on the Romanian retail market will be fought in Arad, Oradea and Constanta this autumn, where new malls are set to be opened. Four consultants inquired by ZF say, though...

Cristi Moga · 27.09.2011 · 21:00 · 3 min
Romania’s Top Five Retailers Invested EUR150M In Expansion By September
Retail&Consumer

Romania’s Top Five Retailers Invested EUR150M In Expansion By September

The top five investors in modern retail have spent about EUR150 million in the opening of stores on the Romanian market this year, according to ZF estimations based on company information. I...

Cristina Roșca · 23.09.2011 · 00:00 · 3 min
Romanian Entrepreneur Competes With Retail Heavyweights On Equal Footing
Retail&Consumer

Romanian Entrepreneur Competes With Retail Heavyweights On Equal Footing

He has a business that reached 200 million lei (EUR47 million) last year, with operations on various markets - from retail to restaurants, gas stations and transportation.

Cristina Roșca · 22.09.2011 · 00:00 · 2 min
Retail&Consumer

Retail Expansion Going Strong As Four Networks Open Stores In Two Days

The expansion of retailers on the local market continues with five major openings by four networks in food, fashion and construction supplies retail, in just two days.

Cristi Moga · 15.09.2011 · 00:00 · 1 min
Mic.ro, Macro, miniMax Stores See Cumulated Sales Of EUR225M In 2011
Retail&Consumer

Mic.ro, Macro, miniMax Stores See Cumulated Sales Of EUR225M In 2011

Romanian businessman Dinu Patriciu, owner of the Mercadia Holland group, Wednesday said he expects retail networks Mic.ro, Macro and miniMax to achieve total sales of EUR225 million this yea...

Andrei Cîrchelan · 14.09.2011 · 15:34 · 1 min
Retail&Consumer

Patriciu Names Two New Executives At His Retail Business

The FMCG Retail division of the Mercadia Holland group appointed Anca Vlad and Vlad Seitan as head of category management and purchasing, and chief operational officer and deputy CEO, respec...

Andrei Cîrchelan · 14.09.2011 · 14:17 · 1 min
Mall Developers Beat Crisis, Open EUR500M Projects
Real Estate

Mall Developers Beat Crisis, Open EUR500M Projects

This fall will be the best of the last three years for the shopping centers' market: seven new malls with a lettable area of 300,000 square meters are due to open.

Cristi Moga · 12.09.2011 · 00:00 · 3 min
Analysts And Businesses See Good Start To Third Quarter
Macroeconomics

Analysts And Businesses See Good Start To Third Quarter

This year's third quarter started well in terms of macroeconomic indicators and of signals from the business sector, which are positive.

Loredana Frățilă-Cristescu · 09.09.2011 · 00:00 · 3 min