News » January, 2011 » 19 January 2011
UniCredit to resume network expansion as the economy recovers
19.01.2011, 23:49 | Finance-Banks | 815 views
UniCredit wants to gain market share on the Romanian retail market, and is set to focus on opening branches, as well as on developing distribution through alternative channels, says Gianni Papa, head of operations of the Italian group in Central and Eastern Europe. "As already announced, we plan to open 300 branches over the next five years. The expansion of the chain will, however, be correlated with the trend of the economy, because we don't want growth just for the sake of growth. Romania is an interesting market for us, but it faces economic problems that need to be resolved," Papa specifies. Read more on ZF.ro
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