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Articles in category Retail (Department&Discount)

8.5m-euro Kaufland in Satu Mare
Kaufland will open the company's eleventh hypermarket on the Romanian market today, following an investment worth 8.5 million euros. The hypermarket has a surface of 6,000 square metres...
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Real Hypermarket invests 200m euros
The company will invest in the following period over 198 million dollars in the construction of hypermarkets in Bucharest, Otopeni, Constanta, Iasi, Oradea, Brasov, Sibiu and Craiova, according...
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2006 Retail Sales Expected To Rise
Retail sales in Romania are expected to touch $41.9bn (E33bn) in 2006, up by 16% from the $35.9bn (E28.3bn) in 2005, according to a study by Deloitte. ...
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Cora steps into the black (MORE)
Romania Hypermarche, the company that manages the Cora network in Romania, posted a turnover worth almost 640 million RON (177 million euros) last year, a 56% increase against...
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EUR 177 M turnover for Cora last year
The company Romania Hypermarche, the administrator of Cora network in Romania, registered last year a turnover of almost RON 640 M (EUR 177 M), up 56 per cent...
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Carrefour expands its Romanian empire
Europe’s largest retailer Carrefour has announced plans to invest €82m in Romania, following the purchase of key land sites in the country and the recent acquisition of the...
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Domestic hypermarket chain developed by PIC group
PIC group based in Pitesti (south), a business developed from ground up by Ilie and Cornel Penescu brothers, plans to invest 25 million euros per store for creating...
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Over 50m-euro sales for Mega Image stores
Mega Image stores, owned by the Belgian group Delhaize, posted a turnover worth some 54 million euros (196 million RON) last year, a 50% increase against the 36...
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Penescu brothers competing for Carrefour's market
The PIC group of Pitesti, which has annual revenues worth over 50 million euros, is trying to work its way onto the highly competitive Romanian hypermarket sector, with...
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Metro spends 5 million euros on consolidation
Metro will invest 5 million euros in "consolidating" the stores it owns until next spring and will no longer rely on opening new outlets for growth. "We...
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