Real Estate
Auchan To Rebrand Its Real Hypermarkets In Romania In Less Than A Year
Retailer Auchan Romania will rebrand to Auchan the 20 Real hypermarkets it bought from German group Metro in less than a year.
Toy Retailer Jumbo Plans To Open Two Stores In Romania By End-2013
Greek toy retailer Jumbo plans to open two stores in Romania by the end of 2013, namely, one in western city of Timisoara and one in capital city Bucharest.
Top 50 Companies In Construction And Related Industries Post Revenue Of EUR4.7B In 2012
The financial results of the largest 50 companies in the Romanian construction, paint and do-it-yourself sectors registered revenues of EUR4.7 billion in 2012, steady on the year.
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.
Anchor Grup Names Razvan Gaita As GM For Its Romanian Operations
Turkish real estate developer Anchor Grup has appointed Razvan Gaita to the position of general manager of its operations in Romania, replacing Ali Ergun Ergen, whose second mandate as Ancho...
EBRD Provides EUR5M Loan For Water System Upgrade In W Romania
The European Bank for Reconstruction and Development (EBRD) is providing a loan worth EUR5 million to co-finance a Romanian EU-funded regional investment program of EUR83.2 million in Bihor...
Home Prices In Cyprus, Greece And Romania See Sharpest Decline In Europe In 1H
Home prices in Cyprus, Greece and Romania registered the sharpest declines in Europe in the first half of 2013 compared with the similar interval a year ago, according to a survey conducted...
Kingfisher Paid GBP35M Cash For Bricostore Romania
British group Kingfisher paid GBP35 million (EUR41.5 million) cash for Bricostore's 15 home improvement stores in Romania.
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.