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Articles - retaileri

Romanian retailer borrows EUR 25 mln to continue fast expansion

Romanian retailer Profi will borrow EUR 25 million from the European Bank for Reconstruction and Development (EBRD).

Lidl opens 189th store in Romania

Lidl opens on October 29 a new store in Cluj, taking its network to 189 units in Romania.

Hornbach invests EUR 12 mln in opening new Sibiu store

DIY retailer Hornbach has opened a sixth store in Sibiu following a EUR 12 million investment, the company announced. In close proximity to the Sibiu North highway, the new unit replaces an OBI store which was bought last year and spreads over 12,000 sqm.

Carrefour signs with Canadian investor to open new hypermarket in Bucharest

French retailer Carrefour has agreed with Romanian-Canadian group Benevo, owned by the Canadian investor Michael Topolinski, to open a new hypermarket in the Victoria City shopping mall.

Altex reopens store in Iulius Mall Iasi following EUR 0.5 mln investment

Altex reopened the store in the Iulius Mall shopping centre in Iasi, with a new concept of refurbishment of an area of over 2,000 square meters, following an investment of EUR 500,000, announced the IT retailer.

Lidl opens 1,200 sqm store in Pipera

Lidl brings its network to 188 stores through the latest addition of a 1,200 sqm store in Pipera, the northern part of Bucharest, say company representatives.

DIY retailer Ambient files for insolvency after restructuring fail

DIY and building materials distribution company Ambient Sibiu filed an application for entry into insolvency with a reorganization option, according to Mediafax.

World Bank continues to finance Lidl and Kaufland expansion in Romania

German retailers Lidl and Kaufland, both owned by the German group Schwarz, will receive a EUR 60 million loan from the World Bank to continue their expansion in Romania.
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