Huge International Investments in Romanian Retail
International retailers continued to expand in Romania, investing over E160m on store openings in the first six months of 2008. The hypermarkets and discount chains were the most dynamic segments.
The biggest investment was made by
Carrefour, which invested E80m to open four hypermarkets. Meanwhile,
Metro's Real chain invested E22m to open one shop. Kaufland opened
two outlets, with an investment of E16m. And the Mega Image
supermarket chain opened two shops, and acquired 14 hypermarkets from
La Fourmi.
Related news
More related news >
Related news
Retail traffic and residential consumption may slowly recover
The development of retail sales and the recovery of household…
Read more >We are over 2 million returned bottles, but there are still problems
Since the beginning of the year, metal, plastic and glass…
Read more >In Austria, inflation slowed down in June
In accordance with the preliminary estimate, the annual growth of…
Read more >