expansion
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Romstal starts global expansion with Russia
Romstal, a Romanian distributor of sanitary ware and electrical equipment, which budgeted turnover worth approximately 429 million euros this year, up 38% on last year, will open its first t...
Cargus takes out first credits for expansion
Cargus, one of the leading players on the domestic courier market, will start an investment programme worth over 10 million euros this year, in order to sustain an annual 50% turnover growth...
Praktiker's No. 1 priority: expansion
Praktiker Romania, the largest home improvement network on the local market, ended 2007 with an over 60% sales increase, to 251.4 million euros. Excluding the contribution of the new stores...
DIY retail expansion expected to peak in 2008
DIY networks will create around 2,000 jobs when between 17 and 18 new stores open this year, with total investments worth almost 200 million euros. The initiative is expected to register the...
Visa: payment via chip sees rapid expansion
The majority Visa partner banks are already authorised (or in the process of becoming authorised) to accept chip cards as part of their banknote and POS systems, an initiative first started...
Flamingo considers 40 Romanian cities for expansion
Jiri Rizek, CEO of the electronics and home appliances retailer Flamingo International, says he is examining 40 cities in Romania with a view to opening stores with surface areas of 600-1,00...
Hypermarket expansion most dynamic on the market
Modern retail has expanded to over 340 units within the past year, whist hypermarkets and discount stores boasted the most dynamic growth in the wake of investments worth almost half of bill...
Pegasus seeks partnership for expansion
Courier company Pegasus, which forecasts business worth between four and five million euros from courier services, will sign a partnership with an investment fund or a strategic partner, wit...
Prutul: 39m-euro business bolstered by retail expansion
Prutul, a Galati-based company and producer of vegetable oils Picasol, Spornic and Prutul, posted a 39 million-euro turnover in the first nine months of this year, up 63% against the same ti...