expansion
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Hunt for retail clients drives bank network expansion
As many as 1,340 new banking branches have been opened in the last year and a half, to 4,854 in late May, which entailed an increase in the number of employees in the industry by almost 8,50...
Caroli mulls regional expansion
Sorin Ichim, the marketing manager of Caroli charcuterie producer, one of the top three players on the market, says the group is considering exporting on markets in the region, though the do...
Romanian entrepreneurs poised for regional expansion
It is worth taking steps to expand Romanian business into regional states and even into Europe, if the risks involved are carefully considered. This was the conclusion of the seminar -"Econo...
Expansion doubles Intersport's sales
Sports store Intersport, operated as a franchise by Genco, a distributor of electronics and home appliances, could see its sales double in 2007 to approximately nine million euros, following...
Expansion takes Pic's sales to over 90 million euros
The Pic Group, owner of two hypermarkets in Pitesti and Craiova, estimates 50% higher retail sales against 2006, reaching over 90 million euros (300 million RON). The company witnessed sales...
Tina R sells 49% of its shares to aid expansion and BSE listing
The shareholders of the clothing stores chain Tina R sold 49% of the company's shares through a capital increase worth 3 million euros, with two targets in mind: expansion onto the local mar...
Meda sees 17% sales increase due to expansion of retail chains
Charcuterie producer Meda Prod in Bucharest posted a 17% turnover increase in the first three months of this year, prompted by the regional expansion of hypermarket networks, and by the incr...
Dawnay Day plans domestic expansion
British investment fund Dawnay Day, which includes in its portfolio the Macromall shopping centre in Brasov, will seek new funding worth 100 million pounds (150 million euros) from the AIM m...
Relad considers regional expansion
Relad group of firms, carrying out drug import and distribution activities, plans to expand on neighbouring markets in a broad move to strengthen its business. Relad is the second biggest pl...