Lidl Opens More Than 30 Stores in 2020
12.16.2020
German discount grocery retailer Lidl has opened 33 stores, either built from scratch or relocated this year, nearing 300 stores in Romania. It will continue expansion in 2021, as well.
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Poland’s CCC Hits RON661M Turnover in Romania After 33% Growth in 2021 05.11.2022
Poland’s retail group CCC, operating particularly on the footwear market, in 2021 generated RON661 million (626.7 million zlotys) turnover, up... more
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Altex Sees Turnover Rise Fivefold in One Decade 05.11.2022
Electro-IT retailer Altex saw its turnover near RON6 billion last year, after a 16% advance from 2020. The business grew fivefold in a decade. more
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Carrefour Extends Lease For Office Space In Bucharest’s Green Court Project 05.10.2022
French retailer Carrefour, present on the local market since 2001, has decided to extend its lease contract for 5,000 square meters of office space... more
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Just Eat Takeaway To Exit Romania Starting June 1, 2022 05.10.2022
Amsterdam-based food-delivery group Just Eat Takeaway, which operates food ordering and delivery platform takeaway.com, announced on Tuesday (May... more
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Clever++ Concludes Partnership With Digital Marketing Agency Gun Media 05.09.2022
Cluj-based Clever++, which developed ecommerce platforms Magento and Shopware, has concluded a partnership with digital marketing agency Gun Media... more
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Posta Romana Teams Up With Auchan Retail Romania 05.09.2022
Romania's state-owned postal operator Posta Romana (CNPR) and Auchan Retail Romania concluded a partnership to sell food and non-food products... more
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Restart Energy To Carry Out Solar Energy Project Worth Over EUR500,000 For Cottontex 05.05.2022
Restart Energy, one of the largest independent energy suppliers on the Romanian market, on Thursday said it signed a contract worth over EUR500,000... more
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Retailer Paco Supermarket Sees 2021 Turnover Rise by 17.6% to EUR34M 05.05.2022
Supermarket network Paco of Vrancea, a major Romanian player in the local food retail, posted 17.6% higher turnover in 2021, to EUR34 million. more
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Cegedim: Romania Medicine Market Grows 22% To RON22.2B In April 2021-March 2022 Period 05.04.2022
Romanians bought medicines worth RON22.2 billion (EUR4.51 billion) in the period April 2021 – March 2022, at wholesale prices, 22.6% more than in... more
Real estate investments in Romania neared EUR900 million in 2021, with over a third of the amount transacted being recorded in the last
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The Romanian equity of Germany’s group Metro is valued at EUR225 million, in line with data presented in a company report.
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One United Properties (ONE.RO), one of the leading green developers of residential, mixed-use and office real estate in Romania, has
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House prices per square meter in Romania are undervalued by almost 30% compared to house prices on other real estate markets in Europe,
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Five new companies listed on the Bucharest Stock Exchange will be included in the FTSE Russell index series dedicated to Emerging
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Bistrita-based Datacor plans to develop greenfield-type photovoltaic projects in Transylvania, with total 50MW capacity, as the system
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CTP, the biggest developer and manager of industrial and logistics space in Romania, has over 270,000 square meters under construction
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Ford’s assembly facility in Craiova has produced one million vehicles between 2009 and 2021, in the amount of EUR18 billion, of which
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Poland’s group CCC is bringing in Romania in 2022 the HalfPrice brand, which will operate on the fashion outlet segment, according to
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What Chances Do Romanian Entrepreneurial Companies Stand to Become “Multinationals of the East”?
A rising number of companies, not just from the tech field, are exporting their business model abroad, gaining new markets and strengthening their operations, acting as genuine “multinationals” of the East. Is this concept functional at present and can it be used in any field?