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French retailer Carrefour is opening its 23rd local hypermarket in Drobeta Turnu Severin
The new outlet will be located in the Severin Shopping Center and is the first hypermarket the retailer has opened this year
after opening six Carrefour Market supermarkets in 2010 so far
The new hypermarket has a sales surface of 7,100 sqm
Severin Shopping Center is located close to the city center. Besides the Carrefour hypermarket it includes a DIY Bricostore outlet, and local and international brands such as Deichmann, New Yorker, Orsay and Takko.
Carrefour’s sales in Romania in Q1 of 2010 amounted to EUR 269 million
a 3.5 percent rise on a like-for-like basis due to the expansion of sales space
Carrefour employs over 495,000 people in Romania
and runs 22 hypermarkets and 26 supermarkets
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A Maltese company has celebrated a milestone after opening their 100th McDonald’s outlet in Romania
which operates 182 McDonald’s restaurants across six countries in Europe
It is their 10th outlet opened in Romania this year alone – with at least three more set to open by the end of the year
“The opening of the 100th restaurant in Romania is a significant chapter in our history in the Romanian market
The new McDonald’s restaurant represents our commitment to continue expanding our footprint with modern restaurants
offering memorable experiences to customers and employment opportunities to the communities in which we operate,” said Melo Hili
The company has outlets in six licensed markets
The first McDonald’s restaurant in Romania was opened in 1995 and the brand is now a familiar landmark in more than 30 cities and towns across the country
The €1.5m investment incorporated new sustainability efforts
including photovoltaic panels to generate energy for its own consumption
smart waste management and electric vehicle charging stations
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German retailer Lidl will close down one of its Drobeta-Turnu Severin units
in an attempt to increase network efficiency
Lidl entered the Romanian market in 2011 and this is the first time it had to close a store permanently
The store in question is a former Plus unit from Drobeta Turnu Severin and the German retailer’s representatives claimed they are trying to increase network efficiency through the move:
“Lidl is constantly updating its store and stockpile portfolio, in terms of rentability. This analysis entails buying terrains in strategic locations, renovating locations but also includes closing down stores that don’t bring in profit, situated in locations that entail high rent”, according to a press release from the company.
Lidl had to close another Plus store it bought from Tengelmann because it didn’t fit Lidl standards
the Mangalia store was relocated on the other street
Over 1,000 employees of the Romanian Authority for Nuclear Activities (RAAN) protested on Tuesday afternoon in front of the Mehedinti Prefecture to alert authorities regarding the problems the nuclear company is facing
The employees work for RAAN’s subsidiaries: Romag Termo (Power Plant) and Romag Prod (Heavy Water Plant)
Members of the National Syndicate bloc also participated at the protest
The Romanian Authority for Nuclear Activities has been established under Government Decision No
365/02.07.1998 and it has as its main profile the following activities: manufacturing and trading of heavy water and of Deuterium Depleted Water; heat and electricity generation and trading; scientific research
development and designing of technologies in nuclear power field
The company entered insolvency in September 2013 and hasn’t shown any signs of improvement. In the last couple of months, employees complained they received only half of their paychecks.
“We are afraid for our jobs, our salaries don’t come on time, we’re agraid for tomorrow. I haven’t been paid since last month when I only received half my salary and nobody knows when the rest is coming”, according to an employee quoted by Adevarul
“The worst problems RAAN is dealing with are the following: the financial blockage the institution is currently facing that could lead to bankruptcy seeing as the State ordered a quantity of Heavy water that is curently just sitting there at the Romag Prod because the State cannot pick it up and pay for it as guaranteed
(…) Jobs should be the priority because if we close down Romag Prod then we have to eventually close Romag Termo and lose 2,500 jobs which in total means Mehedinti will wind up losing 4,000 jobs
The second problem RAAN is facing is not paying its salaries
We have to protest because if the supply of heavy water stops
that would be a catastrophe for Mehedinti”
Back in september 2013, the government had decided through an emergency ordinance and through a waiver from certain legal provisions that the Autonomous Administration for Nuclear Activities (RAAN) Drobeta Turnu-Severin had become insolvent, upholding RAAN’s right to conduct its activity, to administer and use the assets it owns, Mediafax informs.
The government justified this procedure through the non-existence of a special law that would regulate the insolvency procedure in the case of autonomous administrations
The exceptional measures are also justified by the fact that RAAN Drobeta Turnu-Severin needs juridical protection
being a strategic company that operates installations and substances for the production of heavy water and related products that have a high degree of danger and complexity
At the same time, RAAN, as a specialized economic operator, had the obligation to maintain the state stockpiles of heavy water in the quantity and quality agreed by contract, the receiver in bankruptcy not being able to denounce these contracts. For this purpose, RAAN was loaned coal and fuel oil from the state reserve.
French DIY retailer Bricostore has announced a EUR 1 million investment in the refurbishing of its store in Baneasa
Last week the company opened its 15th local store in Drobeta Turnu Severin
The store which has a surface of 7,500 sqm and offers 40,000 products
The refurbishing of Bricostore Baneasa included reorganizing all the store’s departments and increasing the product offer with a focus on interior design solutions and more competitive prices
It took four months and during all this time the store was opened,” said Isabelle Pleska
Next year, Bricostore plans to refurbish the store in Pantelimon and to open a new unit. “Bricostore will continue to develop in all the three countries where it is present, Romania, Croatia and Hungary. Being a family company we plan a safe and cautious expansion,” said Philippe Bresson, president of the Bresson Group which operates the Bricostore brand.
Last year Bricostore Romania saw its turnover go down by 17 percent compared to the RON 754.4 reported in 2009 due to a shrinking market and increased competition
said company representatives cited by Mediafax newswire
This year the French DIY retailer is hoping for a slight turnover increase
IT&C retailer Flanco invested RON 5 million (EUR 1.2 million) over the last month into opening four new stores
The stores are located in Bucharest (in Bucur Obor)
Drobeta Turnu-Severin (Cora commercial center) and Buzau (Galleria Mall)
The new locations have a cumulated sale room of 2,300 sqm
the Flanco network of stores comprises a total of 75
The four stores inaugurated over the past month are estimated to bring total sales of RON 30 million (approximately EUR 7.3 million) in the first year since the opening, according to Adrian Olteanu, CEO of Flanco.
The retailer hopes to boost its sales by taking advantage of the Easter sales peak
Flanco targets to increase its market share up to 10 percent this year
Flanco aims to open between up to 8 locations
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