Romania
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BauMax To Decide On Exiting Romanian, SE European Markets By End-April
Austrian home-improvements store chain BauMax, which also owns 15 units in Romania, will close its seven outlets in Turkey and will decide on exiting other markets in southeast Europe, inclu...
Carrefour Romania To Launch Supeco Discount Format
Carrefour is preparing to launch its Supeco store format, a cash&carry meets discount store concept it has only launched in Spain so far.
World Bank To Lend Romania EUR1B A Year In 2014-2017
The World Bank will extend a credit line to Romania for development projects of EUR1 billion a year for the period 2014-2017, based on a new partnership strategy to be approved by the bank's...
World Bank Approves $339M Healthcare Loan To Romania
The World Bank’s Board of Executive Directors approved Friday a $338.8 million loan to Romania to improve the country’s healthcare infrastructure, the bank said in a statement.
H&M Sales In Romania Up One Third In First Fiscal Quarter
Sales of Swedish clothing retailer Hennes & Mauritz (H&M) in Romania increased 32% in the first fiscal quarter of 2014 (December 2013 - February 2014) to SEK248 million (EUR27.84 million).
Romania Must Attract EUR1.28B Via Transport Program To Avoid Losing EU Funds
Romania will have to attract EUR1.28 billion through the EU-funded operational program for Transport for 2014 and 2015, within the 2007-2013 Cohesion Fund, and the country’s roads authority...
Immofinanz Puts Its 300-Ha Lands In Romania Under Scrutiny In View Of Further Developments
Austrian group Immofinanz, one of the largest property investors on the Romanian market, has started to analyze the 300 hectares of land it owns in Romania, including through real estate dev...
German Fashion Retailer New Yorker Opens New Store In Romania
German fashion retailer New Yorker will open a new store in Romania Thursday, in shopping center Galati Shopping City.
DIY Retailer Obi To Leave Romania - Sources
German DIY retailer Obi is preparing a withdrawal from the Romanian market this year after registering losses each year starting 2008, when it opened its first Romanian store, people close t...