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City Grill to expand outside Bucharest through franchises only
The chain of City Grill restaurants and City Cafe coffee shops is going to expand this year outside the capital city in a franchise system, which is easier to manage than direct investments,...
Angst to cut product range, expand network
The general manager of charcuterie producer Angst says he will start restructuring the product portfolio this year, to adjust to European trends. "If pushed too far, diversification is non-p...
Real prepares to expand
Real Hypermarket Romania, the company operating Real hypermarkets on the local market, increased its share capital by 20 million euros, according to the Official Gazette. The company announc...
Emporiki to expand on local market
Emporiki Bank has ambitious development plans, intending to open branches in all county capitals, says Theodor Stanescu, deputy general manager of the bank. The bank is owned by the Greek fi...
Turks expand surface of Bucuresti Mall
Bucuresti Mall, the first shopping centre of its type in Romania, will increase its amount of retail space in the wake of an investment estimated at 10 to 20 million euros, say sources on th...
Plus Discount to expand to 30 stores this year
Plus discounter store network will invest 45 million euros in expansion this year, taking the level of investments to over 100 million euros. "We''ve already opened three stores and we plan...
Tondach to expand production facilities
Tondach Romania, a part of the Austrian building materials producer Tondach, will invest at least 1.5 million euros this year in expanding the production capacity of its Sibiu-based plant. F...
Estima Finance to expand to high potential areas
The general manager of Estima Finance says the consumer lending company is going to expand in retail sectors. It is targeting areas, which have a considerable growth potential, such as IT, f...
Credisson and Domenia invest to expand
Credisson and Domenia Credit, two of the biggest non-banking financial companies, anticipated that operating conditions on the market would toughen once the NBR''s jurisdiction over this mar...