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Praktiker Invests EUR1.8M In Remodeling Three Stores
Do-it-yourself retailer Praktiker has re-opened its stores in Targu Mures, Satu Mare and Brasov following a total investment of EUR1.8 million.
2016, Louis Vuitton’s Romanian Store’s Best Year So Far
The single-brand Louis Vuitton store in Bucharest that opened nine years ago ended last year with about 28 million lei (EUR6.31 million) and RON7 million net profit. The revenue was up some...
Apple Store Operator iStyle Sees Sales Double To EUR34M
The sales of iStyle Retail SRL, the operator of the biggest Apple store chain in the region, doubled to 153 million lei (EUR34 million) last year, data available on the Finance Ministry webs...
Dedeman To Open First Store In Baneasa After Investment Of Over EUR30M
Do-it-yourself retailer Dedeman, the largest entrepreneurial business in Romania, built by brothers Adrian and Dragos Paval, will be opening on June 14 a store in Bucharest’s retail area Ban...
Praktiker Invests EUR600,000 In Remodeling Store In Constanta
Do-it-yourself retailer Praktiker has reopened the unit in Constanta (south-eastern Romania), following an investment of EUR600,000.
Lidl Buys Two Stores From Penny Market In EUR6M-EUR8M Deal
German-held discount store chain Lidl bought two XXL Mega Discount stores in Sibiu and Galati for its direct rival Penny Market, market sources say. The deal comes after the closing of the e...
Diverta Opens Second Store In Shopping City Piatra Neamt
Diverta, the largest integrated retailer in the field of books, stationery and toys, has opened its second store in shopping center Shopping City in Piatra Neamt, reaching 28 units, which co...
Grocery Retailers Rushing To Open Stores And Make Easter Sales
Supermarket, discount and convenience store chains have rushed to open stores before Easter, the second busiest period of the year after winter holidays. Nine new store openings were announc...
Lidl Continues Expansion On Romanian Market By Opening Three New Stores
German discount retailer Lidl is continuing its expansion on the Romanian market by opening three stores in Calarasi, Piatra Neamt and Pitesti, respectively, and each unit has a client surfa...