Results 1 - 25 from 35 for "closure"
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End of an Era as Zara Store in Unirea Shopping Center Closes After 13 Years
03.01.2022
The Zara store on the ground floor of the Unirea Shopping Center in the heart of Bucharest has been closed due to a decrease in foot traffic in the area and therefore in sales. more
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Gucci Franchised Store in Bucharest Closes
01.11.2022
The Gucci boutique in Bucharest, operated as a franchise by the Calagiu family of local entrepreneurs, has put up the shutters, which means the luxury brand's exit from the Romanian market after more more
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Cora Closes Baia Mare Hypermarket
07.22.2021
French-Belgian retailer Cora has recently closed its hypermarket in Baia Mare, keeping only ten such stores in Romania. This is the second time the network has closed a hypermarket in the country more
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Continental Closes ContiTech Factory in Arad, Relocates Production
06.11.2021
German automotive group Continental will be shutting down its ContiTech factory in Nadab, Arad county in western Romania, and will relocate production to Carei, Satu Mare in northern Romania. more
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Calzedonia Shuts Down Romanian Plant for Labor Shortage Reasons
06.09.2021
Italy’s fashion group Calzedonia has closed its Romanian plant which employed 400 people. more
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One in Ten Gyms Closed for Good During Pandemic in Romania
04.09.2021
The pandemic dealt a serious blow to the exercise industry in 2020, when the entire market shrank by 40% to 50%, and 10% of the companies in this business did not make it, the representatives of more
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Inditex Group Closes Bershka and Pull&Bear Stores in Unirea Shopping Center
01.15.2021
Spain’s fashion group Inditex, which operates via eight brands in Romania, has closed the Bershka and Pull & Bear stores on the ground floor of the Unirea Shopping Center in downtown Bucharest due more
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139 Branches Closed in Romania’s Banking System in Jan-Sept
11.23.2020
Banks operating in Romania had 3,879 branches and offices, while the number of employees went down to 52,757 in the first nine months, Romania’s central bank data show. more
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Austria's XXXLutz Temporarily Closes mömax Stores in Western Romania
04.02.2020
Austrian furniture and home decor retailer XXXLutz, with annual sales of EUR4.65 billion, announced Thursday it was temporarily closing its mömax stores in Timisoara and Oradea due to the Covid-19 more
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All Malls In Romania Closed For First Time Ever
03.24.2020
The major shopping centers closed on Monday, after the authorities issued a decree over the weekend requiring them to do so, in order to contain the spread of the coronavirus since they are places more
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Second Failure of Mulliez Family in Romania: Car Par Parts Retailer Norauto Closes
11.01.2019
Car parts and other automotive product retail chain Norauto, held by the French Mulliez family, is leaving Romania after having closed all its stores, ZF has found. more
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Romania Allots RON52M For Closure Of Uncompetitive Coal Mines
03.27.2019
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Made in Romania Becomes Made in Vietnam
02.18.2019
Romania, one of the leading manufacturers of apparel and footwear in Europe and even in the world, has become too expensive a destination for some actors in the industry, even though the average wage more
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Underwear Manufacturer Hanes Global Supply Chain Romania Closes Arad Plant
02.14.2019
Hanes Global Supply Chain Romania, formerly Rosko Textil, has closed the plant it had in Arad-Curtici Free Trade Zone, market sources say. more
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Footwear Manufacturer Rieker Set to Close Romanian Plants
02.13.2019
Swiss-held footwear manufacturer Rieker closes plants in Romania will cease manufacturing operations in Romania and will close the plants in Lugoj, Timis, this spring, the territorial office of the more
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Automotive Component Plants Show First Signs of Weakness: Layoffs and Fewer People Hired
12.11.2018
The difficult situation of the major automakers in Germany, the main customers of the automotive component plants in Romania is making an impact on the automotive component industry: SEWS (wiring) more
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Ecco Shoes Boss Suggest Closing Stores On Sunday To Address Labor Shortage
06.22.2018
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Luxury Fashion Market In Romania: Some Brands Arrive, Some Leave
04.06.2018
The local luxury fashion market is going through a new time of reconfiguration, with a series of store openings and closures by big names with several years of presence in Romania. more
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Adidas Closes Store In Bucharest Old Town Seven Years After Inauguration
03.21.2018
Adidas, one of the largest sporting goods manufacturers in the world, closed the store it opened in Bucharest’s Old Town seven years ago, without commenting on the decision. The few retailers more
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Praktiker To Close Three Stores, Expects Growth Of DIY Market
02.19.2018
UK’s Kingfisher will keep 23 Praktiker stores in Romania and does not plan to close any more, after having recently announced it would close three, in Focsani, Bacau and Ploiesti, due to cease more
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Romania’s Sugar Production Handled By Only Three Plants After Zaharul Oradea Closes
01.19.2018
Romania’s sugar production will rely on only three plants as of this spring - Agrana, Bod and Tereos, as Germany’s Pfeifer & Langen decided to close the Zaharul Oradea plant by May 2018. more
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Biggest Textile Industry Employer In Vaslui Threatens To Close Plant If Minimum Wage Goes Up To RON2,000
07.07.2017
The PSD (Social Democrat Party) government’s intention to raise the minimum wage by 38% as of next year (from 1,450 lei or EUR316 to 2,000 lei per month in gross amount) is seen differently by the more
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Draexlmaier Closes First Plant Opened In Romania, Sheds 800 Jobs
03.28.2017
Draexlmaier, one of the largest German investors in Romania, which has more than 15,000 employees in the country at the moment, has announced it will close the production faiclity in Pitesti, which more
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Nissa Closes Flagship Store In Piata Romana, Moves To Mall
03.17.2017
The lack of parking spots, insufficient pedestrian traffic and unrealistic rents are the reasons that made Romanian fashion manufacturer and retailer Nissa close its flagship store in Piata Romana in more
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Alison Hayes Closes 350-Employee Plant In Romania Due To High Manufacturing Costs
03.07.2017
Alison Hayes, the largest textile manufacturer in Romania by revenue in 2015, has decided to close its plant in Urziceni, southern Romania, which is currently employing 350 people. more