about us | newsletter | contact | archive | members area
Andreea Paun, Griffes
In 2018, we will be delivering Unirii View»
  News:      POLITICS   |   ECONOMICS   |   ENERGY   |   INVESTMENTS   |   APPOINTMENTS   |   GREEN   |   INFRASTRUCTURE   |   REAL ESTATE   |   AGRIBUSINESS   |   DRIVING   |   CITY LIFE   |   EVENTS   |

Auchan, Carrefour or Wallmart interested in CEEís network of Real hypermarket chain

2012-05-18 09:35:30

German Metro Group-owned Real is in talks with French retailer Auchan over the sale of its Central & Eastern European (CEE) business, according to Manager Magazin.  The Real supermarket chain comprised 110 units at the end of 2011, within a total of 426. The companyís officials didnít confirm on any news but sources close to the companies said that the  German group is open to all options, either a full or partial sale deal, or on the contrary, the keeping of the division within the group. The same German magazine source state that retailers as Carrefour or Wallmart could be players in the purchase deal. The CEE region where Real supermarket chain expanded comprises countries as Romania, Poland, Russia, Turkey and Ukraine. The German chain Real Hypermarket entered the local retail market in March 2006 , by opening the first unit at Timisoara.  This year, the company closed a unit, at Ghiroda, near Timisoara. Also, according to data of the company, the plans for 2012 comprise the opening of at least one supermarket in Bucurestii Noi in Northern Bucharest. By end of last year, the German retailer run 25 hypermarkets in 18 cities countrywide, following an estimated total investment of EUR 550 million.



COMMENTS
There are 0 comments:

 
ADD A COMMENT
 
Name
Email
Comment
Validation Code
   
 
 

0 Comments  |  7260 Views
Daily Info
New car sales increase by over 20 per cent in Romania in the first quarter

New vehicle sales in Romania increased by 20.3 per cent in the first quarter of this year compared to the same period of 2017, reaching almost 36,000 units, according to data ...

Turkish Opsan leases 5,000 sqm in CTPark Pitesti

Turkish car parts maker Opsan has leased 5,000 square meters of industrial space in CTPark Pitesti, the project developed by CTP.

Around 35 percent of the Romanian roads are covered with stone and soil, statistics show

Romania has made little progress last year in modernizing its infrastructure, official statistics released on Wednesday showing that 35 percent of the roads are covered with s...

Banca Transilvania posts 366 million RON profit in Q1

Banca Transilvania registered a net profit of 366 million RON (78.7 million Euro) in the first quarter of this year, up 48.7 percent from the same period of 2017, due to risin...

Garanti Bank grants 2 million Euro for the development of the Anima clinics network

Garanti Bank recently granted a 9.3 million RON (2 million Euro) investment loan and working capital facility to Anima, part of Medlife Group, for the development of its netwo...

 
 
   
advertising

advertising

advertising

advertising

More on News
ING Bank Romania to accelerate business development through digitization

Customers are increasingly interacting with the bank through its digital platforms and are making more card payments, according to a report issued by ING Bank Romania.

2 Comments

TransferGo: We will come to a point where money transfers will be dominated by app usage

Cash will become obsolete and this will be the result of digital finance advancement, Marius Nedelcu, Country Manager at TransferGo told The Diplomat-Bucharest.

1 Comment

Globalworth: The number of green accredited buildings continues to grow every year

Romania today is one of the few economies in Europe that had a consistent expansion over the past six years, outpacing EU average growth, Dimitris Raptis, deputy CEO and Ch...

UniCredit announces updates in the Mobile Banking application

UniCredit Bank launches new facilities in the up-to-date version of its Mobile Banking application to provide customers with a simpler and faster user experience.

ESOP: We expect that the green building trend further grows

The Romanian market is one of the most dynamic in the region due to the accelerated development in IT&C, BPO, shared services industries, and to the expansion of research &...

1 Comment

Immofinanz: Constant, visible shift towards energy efficiency on the local office sector

Romania's strong economic growth in 2017 placed the country in a leading position in the CEE region and the trend is expected be sustainable over the next years, Christian ...

Crosspoint: Currently, there is a relatively small number of green office buildings throughout Romania

2017 has been a good year for the office market all throughout the CEE region: low vacancy rates (Bucharest - nine per cent, Warsaw - 14 per cent, Budapest - 9.2 per cent, ...

1 Comment