expansion
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Turabo to pursue expansion
Tudor Dragomir Niculescu, owner of the Turabo coffee shop chain, estimates his event centres will generate turnover worth up to 2.8 million euros, i.e. 20% of the turnover budgeted for 2008....
Real hypermarket kick-starts expansion in South Bucharest
Real, a company held by German group Metro, will open its first hypermarket in the Berceni district of Bucharest this week, following investments estimated by ZF to be worth over 25 million...
Lidl looks towards Bucharest for expansion
German discount store chain Lidl, which is getting ready to open its first stores in Romania, is looking at the Bucharest market, where discounters are not that well represented at the momen...
Flanco World spends 16m euros on expansion
Flamingo International, the third largest home appliances retailer in Romania, will invest 16 million euros to expand its overall retail area to 70,000 square metres this year, with 12 Flanc...
Pic Group changes expansion strategy
Brothers Ilie and Cornel Penescu, owners of the 4-hypermarket network Pic, have changed their retail expansion strategy and will invest in retail parks this year. The Pic Group has acquired...
Innova Capital plans regional expansion for La Fantana
Investment company Innova Capital, which controls watercooler distributor La Fantana, aims to triple the value of the company to over 110 million euros, through regional expansion and flotat...
Plafar hires 150 people amid expansion plans
Plafar, the natural products retailer held by businessman Alain Bonte, who also controls the pharmacy network Centrofarm through Generalcom, will hire 150 people amid plans to expand the net...
Dedeman attracts 45m-euro loans for expansion
Dedeman, Bacau-based distributor of construction materials, controlled by businessmen Dragos and Adrian Paval, will conduct one of the year's most aggressive expansion campaigns, after it se...
Crowne Plaza: 100-room expansion
Bucharest's Crowne Plaza hotel, controlled by businessman George Copos, will expand by 100 rooms, with works scheduled to begin next year, and finish in 5 years, according to the hotel's sal...