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Articles - retaileri

Romania’s largest do-it-yourself retailer goes multinational

Romanian do-it-yourself retailer Dedeman has recently announced it will invest €30 million for expanding its business to the neighbouring Republic of Moldova.

Frederic Bellon: Auchan Romania to boost turnover in 2014 despite drop in first months

Auchan Romania estimates it will increase its turnover this year despite the fact that in the first months sales were below the level reported during the same period last year, said Frederic Bellon, the retailer’s recently appointed general director, according to Mediafax.

Mega Image gets EUR 25 million from the Netherlands for expansion

Belgian retailer Mega Image, present on the local market with three store formats, the supermarkets with the same name, the proximity stores Shop&Go and the frozen goods store AB CoolFood, received a capital infusion of EUR 25.2 million from the Netherlands.

Auchan wants to buy for EUR 19 million former Real building in Pitesti

Auchan Romania intends to buy the commercial space where is located the Auchan Gavana store in Pitesti. The hypermarket chain made an offer of EUR 19 million to the company Rolast in Pitesti, according to Rolast.

Metro sales down in the first fiscal quarter in Eastern Europe

Metro Cash & Carry sales in Eastern Europe went down 4.3 percent in October – March, Q1 of fiscal year 2013-2014, to EUR 5.83 billion, primarily on account of unfavorable variations in foreign exchange rates. The drop manifested in Romania also.

Lidl is building a supermarket on the former beer factory plot in Bragadiru

German retailer Lidl, which operates in Romania a network exceeding 170 supermarkets, intends to build a new store on the former beer factory plot in Bragadiru, a construction being partly demolished since last year.

Immpuls: EUR 200 M to upgrade Romania’s shopping mall market

The market for refurbishing shopping centers in Romania exceeds EUR 200 M, as more than a third of the shopping malls in the country are in need to revamping, according to Immpuls Real Estate Solutions consultancy firm.

Final decision: Carrefour exits insolvency

Retail chain Carrefour is out of insolvency after the Appeal Court rejected GSL Logistics’s claims. The diaper distributor demanded Carrefour pay a debt of EUR 180,000.
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