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C&A to launch Romanian store in 2009
Dutch-based C&A, one of the largest clothing retailers at the moment that boasts over 1,000 stores in Europe, will enter the Romanian market next year, and has already started to recruit sta...
Romanian Lottery profit increases to over 44 million euros in 2007
Compania Nationala Loteria Romana (Romanian Lottery National Company) last year posted profit worth 148.39m RON (44.46m euros), an increase of 21% on the previous year, alongside total reven...
Continental to reach 7,500 employees
Tyre manufacturer Continental, one of the largest investors in Romania's automotive components industry, is set recruit another 1,350 people for its factories in Timisoara, Carei and Arad by...
bauMax expects sales to double this year
Austria's bauMax DIY retailer this year expects its Romanian sales to double to 120m euros as 3 new stores will be added to the network. BauMax will operate 8 stores by late 2008 and in 2009...
Obi follows Real to retail park in Cluj
German DIY retailer Obi, a division of the Tengelmann group, has acquired a plot of land in the industrial area of Cluj-Napoca, where a Real hypermarket has recently been opened, sources on...
Palplast to invest 3.5 million euros in manufacturing
Polyethylene piping maker Palplast, held by the Rompetrol group, intends to build two more production facilities- one in Romania and one abroad, as part of an around 5 million dollar (3.5 mi...
Carpatair wants to carry 630,000 passengers after introduction of new routes
Carpatair, the second most important airline after Tarom on the Romanian market, will rely on domestic flights and destinations in Greece and Ukraine in order to boost traffic by around 12%...
Romania to be one of the top 10 markets for Toyota
Andrea Formica, senior vice president of Toyota Motor Europe, says the brand's sales will rise in the following years owing to East-European markets and to the launch of new models for the W...
Deichmann footwear retailer to reach 11 stores in 2008
Deichmann, the biggest footwear retailer in Europe, present on the local market with five stores, targets six new stores in the large cities in Romania as part of the brand's international e...