expansion
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Leonardo resumes expansion two years after becoming insolvent
Leonardo, the biggest retailer of footwear and leather products in Romania, which went insolvent in the second part of 2009, with 100 million euros in debts, is resuming expansion, having opened its first store in Bucharest’s Bucur Obor complex. A further th...
UK and Russia, the new targets of Cristina Bâtlan, Musette founder
Cristina Bâtlan, the founder of Musette, plans to expand this year on the Russian and British markets, after the opening of the first store in New York last year whetted her appetite for exp...
Profi remodels 20 stores and resumes expansion of its new store format
The Profi chain is resuming expansion in Bucharest betting on a new store format it has already tested in Timi[oara over the last few months. The company has announced it will also open its...
Dacia bets on expansion
Exports of the Dacia Mioveni plant will accelerate as of 2011, driven both by the current range, and by Complete Knock Down kits shipped to the other plants in Russia, Brazil, and India, whe...
Billa doubles expansion with over 20 million euros in investments
Billa, the biggest supermarket chain on the Romanian market, with 46 operating stores, plans to make 20 inaugurations this year and does not rule out store acquisitions. Last year the retail...
Kaufland wants 150m euros from EBRD for expansion
The European Bank for Reconstruction and Development (EBRD) is mulling a 150 million-euro loan to German retailer Kaufland; the money would be meant to fund the group’s expansion in Romani...
Selgros: Despite sales slump, we continue expansion
Selgros Cash & Carry company, owned by Germany's Rewe group, is carrying out a network expansion project in Bucharest, likely to be the retailer's only launch this year, according to Dorin I...
Bankers' plans for 2009: Suspending expansion and focusing on deposits
Next year will bring the first break in banks' territorial network expansion, after growing by 1,000 branches per year for several years. Bankers are talking cautiously about their future pl...
Continental to reconsider expansion plan
Radu Enache, who controls the Continental hotel chain, believes he made the right decision when he delayed the listing of the company on the Stock Exchange, a possibility he took into accoun...