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Romanian Bookstore Chain Diverta Close To Ending Reorganization, Has 36 Fewer Bookstores
Bookstore chain Diverta has closed down 36 units since becoming insolvent in 2010 and is now left with 26 stores.
Greek Group Sprider Exits Romania; Its Local Unit Went Bust
Greek fashion retailer Sprider Stores Tuesday closed its store network in Romania after its local subsidiary went bankrupt in July.
Tehnomarket Calls It Quits After Only Six Years In Romania
Tehnomarket stores developed by computer and electronics retailer Domo in Romania have either been turned into Domos or closed on a market where competition is charging from all sides and es...
Lidl Opens New Store In Cluj-Napoca Thursday
German retailer Lidl will open a new store in Cluj-Napoca Thursday, its fifth in the city and 163rd in Romania, the company said Wednesday.
Lidl Resumes Expansion In Romania After Three-Month Hiatus
German retailer Lidl resumes expansion with two stores outside Bucharest and wants to open seven more by yearend to bring its local network to a total of 169 units.
H&M To Open Four New Stores In Romania By Yearend
Swedish apparel retailer Hennes & Mauritz (H&M) will open four new stores in Romania by the end of the year, one in Ploiesti and three in Bucharest, expanding its local network to 29 units.
Dusan Wilms, Metro: Large Format Stores In City Centers Suffocate Traditional Retail
Dusan Wilms, one of the most important executives in local retail, who runs the Romanian operations of Metro Cash&Carry, says the aggressive expansion of hypermarket and supermarket chains i...
Leroy Merlin’s Romanian Store Reports Sales Of EU21M For 2012
French DIY retailer Leroy Merlin, which owns one store in Romania, in retail park Colosseum in Chitila, near Bucharest, registered turnover of EUR21 million locally in 2012, according to dat...
Lemet Opens Its Largest LEM’S Store In RON2.3M Investment
Romanian furniture maker Lemet invested 2.3 million lei (EUR0.51 million) in opening the largest store of its LEM’s network.