News » February, 2011 » 17 February 2011
Cora invests in malls when real estate developers are coping with insolvencies
17.02.2011, 07:53 | Business | 542 views
Cora French retailer, present domestically with five hypermarkets, will enter the mall segment by launching Corall project of Constanţa in the second half of 2012, in the wake of 100m-euro investments. The next two mall projects of French Louis Delhaize, Cora's shareholders, will be built in Braşov and Bacău, but no completion date has been specified. Cora thus becomes the first food retail player to rival mall developers, a market of over 50 shopping centres. Read more on ZF.ro
|
Latest news in category Business
The volume of construction works dropped to six months by 10.2%, as gross series, taking into account the drops in capital repairs' works, by 18.4%, and in the maintenance and current repairs, by 12%, and as adjusted series after the number of working days and seasonality dropped by 9.4%, according to the National Institute of Statistics. read more...
The National Salt Company - Salrom SA last year achieved a profit of 38.7 million lei, up 86% over 2012, said Alina Floroian, marketing economist with the company. The turnover of Salrom reached 308.3 million lei, up 13% over 2012, she said. read more...
Anca Vlad, the CEO of Catena Grup, is an ardent supporter of entrepreneurial spirit and thinks that you can't have a successful business without taking risks. read more...
|
|
