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Jumbo To Enter Romania In 2014, Open Eight Stores By 2016
Greek toy retailer Jumbo wants to enter the Romania market in 2014 and open eight stores by 2016.
Romanians Spend EUR3.5 Each On Cosmetic Products Per Month, Three Times Lower Than Polish
Romania’s cosmetics market is seen up 2.2% this year compared to 2011 when it reached 3.5 billion lei (EUR823 million), according to data from market research company PMR.
Domo Streamlines Faster Than Planned, Reaches 100 Stores
Electronics, home appliances and computer retailer Domo currently has 100 stores, ten fewer than it did about six months ago. The company had announced streamlining plans more than a year ag...
Hornbach Close To EUR100M Sales From Five Stores
Do-it-yourself retail network Hornbach, which expanded its Romanian network to five stores this year, saw 10% higher sales in the first ten months of 2012.
Local Fashion Heavyweights Will End 2012 With Revenues Of Up To EUR360M
The five largest fashion retailers in Romania will end the year with EUR320 million to EUR360 million in revenue, up 60% on the year as a result of the aggressive expansion and Romanians’ en...
Profi Extends Romania Network To 140 Units
Romanian retailer Profi, held by private equity firm Enterprise Investors, has opened a new store Wednesday in Braila and will open a new unit Thursday in Focsani, bringing its local network...
Mega Image Set To Open 12 New Stores In Romania In November
Mega Image, part of Belgian group Delhaize, on Thursday said it plans to open 12 new stores in November and bring its Romanian network to 174 units.
Lidl To Open Two New Stores In Romania Thursday
German retailer Lidl will open two more stores Thursday in Bucharest and Timisoara, bringing its Romanian network to 151 units.
Vodafone Completes Merger With Sayfone, Invests Several Millions Of Euros In Modernizing 120 Stores
At the end of 2011, Vodafone, the second largest mobile operator on the Romanian telecom market, set in motion a program worth over EUR7 million to modernize its stores and teamed up with Gr...