Articles in category Retail (Home Improvement)

Staff Collection company, which operates the House of Art chain of stores, anticipates this year's turnover to reach about 61m RON (17m euros), an increase of 15% on...

Shareholders of Procter & Gamble Distribution and Gillette Romania recently approved the merger of the two companies, under the framework of a similar process that occurred with the...

Consumer goods company Unilever South-Central Europe posted 499 million RON (138 million euros) in turnover on the Romanian market in 2005, an increase of 23% from the 456m...

Direct sales company Amway Romania Marketing last year posted a turnover of 25.13 million USD, up by 62 percent over 2004. Company's general manager George Popescu explained that...

Praktiker Romania, the company that operates the Praktiker network of DIY stores, last year derived profit for the first time since it was set up, after increasing its...

Home improvement retailer Bricostore is opening today in Baneasa its sixth location in Romania, as part of the Feeria commercial center, the company announced yesterday. "Having a total...

Sibiu based Ambient company has put some EUR 7 million in a commercial compound specialized in construction and interior design. With the official opening set for April 8, the compound gathers 1,600 suppliers with a more than 45,000 product portfolio.

The Home & Design Mall will be extended by 4,000 sqm, owners Stamobi Bucharest, will take out a EUR 5.25 million loan for the project. The company informed the electronic stock exchange, Rasdaq, of the news last week.

The first store in Romania of Swedish group Ikea - big furnoiture producer and distributor - will open in Baneasa area /northern Bucharest/, in the spring of 2007. "This will be the first Ikea store in the Balkans," confirms Hendrik Notmeijer, manager of Ikea Trading Area Balkan, a company based in Bucharest. The store will stretch on 24,000 sqm and will require an investment of 15 million euros, says Michael Lloyd, head of TriNation Management &Development BV, the company that developed the biggest real estate project in Romania, Baneasa Investment. Lloyd added the store will be opened in franchise system and the investor is a foreign firm. According to some sources, the owner of the future store is a UK company.

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Unilever South-Central Europe (USCE), the consumer goods company producing Rama margarine, Dero detergents and Knorr sauces, is transferring all its businesses to Ploiesti. Thus, the margarine production lines in Targu-Mures, as well as the Otopeni-based sauce and spice lines will be relocated to Ploiesti, where the detergents are already manufactured.