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Domestic retailers are not in any rush to sell
On a market where international retailers target supermarkets, the owners of the biggest Romanian networks in food-orientated retail have indicated that they are not in any rush to sell. So...
TriGranit to start work on Esplanada next year
Real estate developer TriGranit, which is involved in the development of the Esplanada project in the centre of Bucharest, intends to start work on the project in the second half of next yea...
Domo in talks to take over Teknosa facilities
Domo Retail, the second-larger player on the electronics and home appliances market in Romania, is in talks to purchase the retail facilities held by Turkish-based Teknosa, which last week c...
Alka aims to double exports
Alka sales on foreign markets could amount to 3 million euros this year and account for around 6% of turnover. The company hopes to double its export level this year, after having registered...
PVC windows market to consolidate in 3 years
The PVC windows market, one of the most fragmented in the constructions sector, is expected to consolidate in the coming two or three years, after large players swallow up smaller manufactur...
Copos pays 17-19m euros to settle Hilton litigation
George Copos (photo) has reached an agreement with a group of businesspeople (including Dorin Goia and Horia Ciorcila) and settled the legal dispute that concerned the purchase of the Hilton...
Pipelife set to boost investments
This sustained growth rate may be the domestic market's main competitive edge in the race for a new production facility in the region, reads the April 24 edition of Business Construct monthl...
Valvis sells LaDorna group to French giant Lactalis
Almost six years after Jean Valvis sold Dorna mineral waters to Coca-Cola, the businessman has conducted his second major exit, selling his dairy business. Valvis, the creator of the Dorna b...
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...