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Profi Seeks To Reach 500 Stores By End Of 2016
Profi supermarket chain held by Polish private equity firm Enterprise Investors wants to end the year with 500 stores from fewer than 400 at the moment.
Furniture Retailer JYSK Opens New Store In Timisoara
Furniture and accessories retailer JYSK will open a new store in western Romanian city of Timisoara on Thursday, this reaching a 33-unit network countrywide.
Aqua Carpatica Reaches Store Shelves Of Metro Cash&Carry In Japan And Harrods In UK
Mineral water brand Aqua Carpatica launched in 2011 is now available in all international modern retail chains in Romania, which number more than 1,700 hypermarkets and supermarkets.
Praktiker: Our Best Stores Are Those We Own, Not Rent
Do-it-yourself retailer Praktiker of businessman Omer Susli will close the stores that perform poorly, but does not rule out opening new stores in areas with higher purchasing power.
JYSK: We See Potential For 15 Stores In Bucharest And Surrounding Areas
Furniture and accessories retailer JYSK plans to expand to 15 stores in Bucharest and the surrounding areas alone by 2020, says Alexandru Bratu, JYSK country manager for Romania and Bulgaria...
Axxess Capital In Talks To Buy Online Retailer Elefant.Ro
Private equity firm Axxess Capital, run by Romanian executive Horia Manda, is negotiating the takeover of elefant.ro, one of the few local online retailers with more than EUR10 million reven...
LPP Fashion Group Set To Double Network And Revenue This Year
Polish-held fashion group LPP, which has five brands on the Romanian market, including Reserved and Mohito, plans to open 18 stores in 2016 so as to expand to almost 40 stores by yearend. LP...
Rewe In Talks To Sell XXL Mega Discount Stores In Romania
German retail group Rewe is in talks to sell its eight XXL Mega Discount stores in Romania, market sources told ZF.
Selgros To Build Second Small Format Store In Romania
Retailer Selgros Cash&Carry will be building its second smaller format store in Romania after finalizing the acquisition of a plot of land in Alba Iulia, the company said in a statement Thur...