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Cris-Tim Acquires Local Meat Processor Diavist
Retail&Consumer

Cris-Tim Acquires Local Meat Processor Diavist

Family-owned Cris-Tim, one of the largest meat processors in Romania, announced Monday it has completed the acquisition of insolvent Diavist Product, a local family-owned meat processing bus...

Oana Gavrila · 11.12.2017 · 16:48 · 1 min
Profi Headed Towards Almost 1,000 Stores In 2018
Retail&Consumer

Profi Headed Towards Almost 1,000 Stores In 2018

Profi retail chain will end the year with almost 700 stores after having opened about 200 in 2017 and expansion will continue at the same rate next year.

Loredana Frățilă-Cristescu · 11.12.2017 · 09:29 · 1 min
Retailer dm drogerie markt Allocates Further RON28M For Expansion In Romania
Retail&Consumer

Retailer dm drogerie markt Allocates Further RON28M For Expansion In Romania

Retailer dm drogerie market plans to open ten new stores in 2018 and has earmarked a more than 28 million lei (EUR6 million) expansion budget. It opened or remodeled 11 stores in the big cit...

Loredana Frățilă-Cristescu · 11.12.2017 · 09:28 · 1 min
Retailer dm drogerie markt Opens Three Romanian Stores in December
Retail&Consumer

Retailer dm drogerie markt Opens Three Romanian Stores in December

German cosmetics and fast-moving consumer goods retailer dm drogerie markt will open three new stores in Romania in December, reaching 94 units.

Oana Gavrila · 07.12.2017 · 18:00 · 1 min
Mega Image Accounts For More Than 20% Of Grocery Retail In Bucharest, Plans EUR50M Investments
Retail&Consumer

Mega Image Accounts For More Than 20% Of Grocery Retail In Bucharest, Plans EUR50M Investments

Supermarket and convenience store chain Mega Image has a EUR50 million investment budget and is set to open 50 to 60 stores.

Loredana Frățilă-Cristescu · 07.12.2017 · 10:31 · 1 min
Romania Imports EUR50M Worth Of Toys And Exports Only EUR7M Worth Of Toys
Retail&Consumer

Romania Imports EUR50M Worth Of Toys And Exports Only EUR7M Worth Of Toys

Romania imported toys worth EUR50 million in 2016, which translates into a more than sevenfold increase compared with the value of toy exports which did not exceed EUR7 million in 2016, acco...

Ecaterina Craciun · 05.12.2017 · 20:30 · 1 min
Kingfisher's Brico Depôt Romania Completes Praktiker Romania Acquisition
Companies

Kingfisher's Brico Depôt Romania Completes Praktiker Romania Acquisition

DYI retail chain Brico Depôt Romania, part of Britain's Kingfisher plc, has completed the acquisition of 100% in competitor Praktiker Romania.

Oana Gavrila · 04.12.2017 · 11:14 · 1 min
Companies

Smithfield Romania Gets Antitrust Clearance for Elit and Vericom Acquisition

Romania’s Competition Council on Wednesday cleared the transaction in which Smithfield Romania SRL is acquiring Romanian packaged meats manufacturers Elit SRL and Vericom 2001 SRL.

Oana Gavrila · 29.11.2017 · 12:08 · 1 min
IKEA Considers Third Romanian Store in Long Run
Companies

IKEA Considers Third Romanian Store in Long Run

IKEA will open its second store in Bucharest by the end of summer 2018 and considers opening a third store in the long run.

Oana Gavrila · 28.11.2017 · 16:18 · 1 min