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ZF English

Major hotel chains bet on Romanian market despite lower occupancy rate

Major hotel chains like Marriott, Hilton, Wyndham and Starwood plan to affiliate new hotels on the Romanian market, even though a number of the big hotels registered lower occupancy rates this year.

Roxana Grigorean · 06.10.2008 · 19:35 · 2 min
ZF English

Metro still relies on small retailers

Francois Oliver, general manager of Metro Cash & Carry, thinks small stores, which are some of the leading clients of the network, will resist the offensive of hyper and supermarket chains.

Ziarul Financiar · 25.09.2008 · 20:43 · 1 min
ZF English

Organic growth of retail chains, below 11%

Metro Cash & Carry, Selgros Cash & Carry and Carrefour, the largest retail networks on the local market in terms of value of sales, are reporting sales increase rates (excluding network expa...

Ziarul Financiar · 02.06.2008 · 19:49 · 1 min
ZF English

Petrol station chains double profits

The large petrol station chains posted record profits last year, with most petroleum companies managing to double their earnings on the segment of fuel retail or, in some cases, move from mi...

Ziarul Financiar · 15.05.2008 · 19:50 · 1 min
ZF English · Hotels

Major hotel chains await suitable locations

Major international hotel chains such as Four Season, Hyatt, Kempinski Le Meridian and Movenpick have all shown an interest in the domestic market, but have failed to find any properties tha...

Roxana Grigorean · 25.04.2008 · 19:56 · 2 min
ZF English · Retail

Modern retail chains to hire 10,000 people by yearend

International retailers are expected to recruit more than 10,000 people by the end of the year for the new stores they are to open, which will take the number of modern retail stores to more...

Mihaela Popescu · 17.07.2007 · 19:44 · 2 min
ZF English · Hotels

International chains top hotel operators' ranking

The trend of the hotel market of Bucharest and county capitals to centre on business tourists and particularly on foreigners became even more obvious last year. Regional meetings and confere...

Cristiana Groza · 29.05.2007 · 19:22 · 2 min
ZF English

Meda sees 17% sales increase due to expansion of retail chains

Charcuterie producer Meda Prod in Bucharest posted a 17% turnover increase in the first three months of this year, prompted by the regional expansion of hypermarket networks, and by the incr...

Ziarul Financiar · 28.05.2007 · 16:57 · 1 min
ZF English · Home Appliances

International chains not to arrive sooner than 2009

International retailers of electronics and electrical home appliances will not enter the domestic market sooner than 2009, say the major players already present on the market. The still low...

Alexandru Anghel · 05.04.2007 · 19:31 · 3 min