cora
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Cora Invests EUR120M And Hires 1,000
French-Belgian retailer Cora, which holds a chain of eight stores on the Romanian market, plans to invest EUR120 million this year, half for the opening of new stores and half to buy land.
EBRD To Lead EUR210M Syndicated Loan For Belgian Louis Delhaize
The European Bank for Reconstruction and Development Wednesday announced it will extend a syndicated loan worth up to EUR210 million to Belgian retailer Louis Delhaize Group, for the constru...
Hypermarket Chains Have Opened 135 Stores In Romania In 11 Years
The five retailers that operate on the Romanian hypermarket segment currently have 135 stores, which generate turnover of over EUR3.5 billion.
Lejeune, Cora: General Situation Not Good, But Romania Is One Of The Best Places To Be
Philippe Lejeune, the executive who has been running the Cora business for over ten years, says consumption started to rise tentatively in October, by 1-2%, and that the rise will continue n...
Top 10 Events That Marked Food Retail In 2011
Although the crisis has lingered on and consumption continued to decline, 2011 has been a good overall year in the retail sector, estimated at EUR16 billion. The new market entries, the laun...
Cora Gets Largest Loan Granted By EBRD To A Romanian Retailer
French-Belgian retailer Louis Delhaize, which owns the most profitable stores on the Romanian market, says the European Bank for Reconstruction and Development approved a EUR210 million loan...
Cora To Operate As Energy Trader In Romania
Romania Hipermarché, operator of Cora chain of hypermarkets, Monday said it has received authorization to act in capacity of electric energy trader on the local market.
Romanian Retailers Stand Strong Against Kaufland, Cora And Carrefour
Eight Romanian entrepreneurs are fighting modern retail bigwigs like Kaufland, Carrefour and Penny Market on equal footing, and rank among the top 20 local retail players. Businesspeople lik...
Kaufland, Auchan, Carrefour And Cora Continue To Expand On Former Industrial Sites In Bucharest
Kaufland is getting ready to finish the acquisition of a plot of land from the Romprim plant in Berceni (southern Bucharest), Auchan is buying another plot from Grantmetal in Crangasi (west...