expansion
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Zara's owner invests 5m euros in network expansion
Spanish retailer Inditex, owner of the Zara brand, has made a 17.5 million-RON (4.8 million-euro) capital increase to three of its companies in Romania- Pull and Bear, Stradivarius, and Bers...
Metro Cash & Carry resumes expansion in Deva
German group Metro, the largest player in Romanian retail, with turnover worth almost 2 billion euros in 2007, will open a cash & carry store in Deva (Western Romania) at the end of this yea...
Carpatair targets regional expansion
Carpatair, the airline set up by Nicolae Petrov, has budgeted a 15-20% increase in annual revenues for the coming period in the wake of expansion in South-Eastern Europe. "We'll expand at a...
UniCredit steps up network expansion
UniCredit Tiriac Bank is set to launch a consumer finance unit in autumn; until then, it will start selling insurance products of Germany's Ergo, Zoltan Major, the vice-president in charge o...
AON contemplates expansion through acquisitions
AON, the local branch of one of the largest insurance brokers worldwide, is considering expansion through the acquisition of small local brokers. Currently, the broker has four offices in Bu...
MOL invests 20m euros in network expansion
MOL Romania, the local branch of the Hungarian petroleum group MOL, will allocate 20 million euros this year to expand its petrol station network, with the first station to opened in 2008 be...
Tengelmann to invest over 300m euros in Plus expansion
After rejecting bids from Carrefour, Rewe and other international retailers that have voiced interest in Plus stores of Romania, Germany's Tengelmann group is further expanding its discount...
Tec Miaco assets, core of Agroli's domestic expansion
Built on the structures of the former poultry plant Avicola Crevedia previously owned by Tec Miaco, Agroli group of firms in 2007 generated 150m-euro turnover from five business units. The L...
CMU to invest 20m euros in aggressive expansion
Medical services provider Centrul Medical Unirea (CMU), which last year entered the portfolio of investment fund 3i, will invest over 20 million euros this year to expand its clinic network,...