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Fornetti Story: From EUR40 Million Sales To Insolvency
About a decade ago, pastry shop chain Fornetti, the largest network of pastry kiosks in Romania (1,100) entered the local market. A week ago, the chain filed for insolvency under the pressur...
Ramnicu Valcea Entrepreneurs Developed 32-Store Chain And 50 Types Of Raureni Canned Food
Dorina and Dan Mutu from Ramnicu Valcea town have over 17 years built businesses with a turnover in excess of EUR46 million this year.
Dedeman Opens New Store In EUR10M Investment
Do-it-yourself retailer Dedeman will open Friday its 26th store in Romania, following an investment of EUR10 million, the company said in a statement Tuesday.
IKEA Romania Posts RON362M Sales In Catalog Year 2011
Furniture retailer IKEA registered sales of 361.8 million lei (EUR82.96 million) in Romania between September 1, 2010 and August 31, 2011, up 10.5% on the year.
Retailer Mega Image Launches 100th Store
Retail chain Mega Image, part of Belgian group Delhaize, on Wednesday launched its 100th store, in northern Bucharest.
Dedeman Invests EUR11M In New Store
Construction materials retailer Dedeman Bacau on Thursday said it has invested EUR11 million to build a store in Alba Iulia, bringing its network to a total 25 units..
Photo-Video Retailer F64 Studio Sees 2011 Sales Up 23% To EUR14M
Photo and video equipment retailer F64 Studio expects to achieve sales of EUR14 million this year, up 23% on 2010, after launching a new store in Bucharest.
Stefanel’s New Bet On The Romanian Fashion Market: Store In A Villa
“These are tough times we are living and I think there will continue to be ups and downs,” Giuseppe Stefanel, owner of Stefanel, told BUSINESS Magazin (www.bmag.ro). But he also said that be...
Cora Romania Opens Hypermarket In Arad, After EUR5M Invest
Retailer Cora Romania launched Thursday its eighth hypermarket, in the Galleria Shopping Center Arad, following an investment of EUR5 million.