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Billa To Open Store In Bucharest’s Shopping Center Cocor
Retail&Consumer

Billa To Open Store In Bucharest’s Shopping Center Cocor

German retailer Billa, part of the Rewe group, will open a 1,000-sqm store in Bucharest’s shopping center Cocor, the mall’s owner, Cocor SA (COCR.RO), said in a statement Thursday.

Ioana Tudor · 30.05.2013 · 17:39 · 1 min
Heineken To Get EUR42M In Gross Dividends From Romanian Subsidiary
Retail&Consumer

Heineken To Get EUR42M In Gross Dividends From Romanian Subsidiary

Dutch beer maker Heineken, the world’s third largest brewer, will receive gross dividends worth 180.27 million lei (EUR41.7 million) for 2012 from its Romanian subsidiary.

Ioana Tudor · 30.05.2013 · 16:50 · 1 min
Goodmills Group Wants To Delist Titan, Offers RON2.2M To Minority Shareholders
Capital Market

Goodmills Group Wants To Delist Titan, Offers RON2.2M To Minority Shareholders

Goodmills Group, majority shareholder of Romanian milling and bakery company Titan (MPN.RO), wants to delist the company and offers a total of 2.2 million lei (EUR513,000), or RON0.26 per sh...

Ioana Tudor · 30.05.2013 · 14:44 · 1 min
Carrefour Adds New Romanian Chain As Carrefour Express Franchisee
Retail&Consumer

Carrefour Adds New Romanian Chain As Carrefour Express Franchisee

The Carrefour group has signed a franchising contract with Romanian store chain Gulliver, with the nine stores to be turned into Carrefour Express stores, the French brand’s convenience stor...

Tudor Ioana Raluca · 30.05.2013 · 00:00 · 2 min
Profi Opens New Store, Extends Romanian Network To 167 Units
Retail&Consumer

Profi Opens New Store, Extends Romanian Network To 167 Units

Retailer Profi, controlled by Polish private equity firm Enterprise Investors, has opened a new store Wednesday, in Teleorman (southern Romania), its second unit in the county and its 167th...

Ecaterina Craciun · 29.05.2013 · 14:55 · 1 min
World’s Leading Banana Producer Dole Fails In Romania
Retail&Consumer

World’s Leading Banana Producer Dole Fails In Romania

Dole Romania, the local subsidiary of U.S. company Dole Food Company, the world’s largest fruit producer with turnover of $7 billion, has given up direct distribution in Romania after only f...

Tudor Ioana Raluca · 29.05.2013 · 00:00 · 1 min
Colliers: Developing Business Parks On City Outskirts No Longer Makes Sense
Real Estate

Colliers: Developing Business Parks On City Outskirts No Longer Makes Sense

Developing business parks on the outskirts of cities no longer makes sense and they should be replaced with multifunctional projects, considering that the new generations of employees desire...

Ioana Tudor · 28.05.2013 · 19:26 · 1 min
Takko To Open New Store In Romania Wednesday
Retail&Consumer

Takko To Open New Store In Romania Wednesday

German fashion retailer Takko will open a new store in Alexandria, southern Romania, Wednesday and plans to inaugurate five more units this year.

Ioana Tudor · 28.05.2013 · 16:20 · 1 min
Carmolimp: Pork Prices To Rise 12-15% By Yearend
Retail&Consumer

Carmolimp: Pork Prices To Rise 12-15% By Yearend

The price of pork will increase 12-15% by the end of the year due to higher animal feed costs, said packed meat producer and distributor Carmolimp.

Oana Gavrila · 28.05.2013 · 12:28 · 1 min