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Romanian I&C retailer Altex invests big in logistics

Altex Romania will be working out of a new logistics center, located near Romania’s capital city of Bucharest. The IT&C retailer acquired a new plot of land of 15.2 hectares in a village near Bucharest (Dragomirești Vale), for 5.5 million EUR. The new logistics hub will be built thanks to a 37 million EUR investment, which […]

Serbia welcomes Lidl stores

As part of this company’s strategy for the Serbian market, Lidl recently opened a few stores in the former Yugoslavian nation. The German discount chain Lidl took another step towards expanding its business into non-EU countries, by opening its first 16 stores in Serbia. According to the official announcement, Lidl decided to enter the Serbian […]

Polish retailer Stokrotka expands warehouse space

Stokrotka, a famous Polish chain supermarket, headquartered in the country’s ninth largest city of Lublin, just added 11,300 square meters of warehouse space for its operations. The new acquisition is located in the MLP Lublin logistics park, an area that houses several companies with national and international recognition. After moving into the Lublin logistics park […]

Romania: No. 1 retail market in Eastern Europe

Recent data by Eurostat shows the situation of each European country’s retail market, with impressive results from the Romanian market. According to data for April 2017, Romania ranked no. 1 as the country with the best retail trade growth in Eastern Europe. Overall, the Easter European country ranked 5 out of all the countries in […]

JYSK invests heavily in a new distribution center in Bulgaria

JYSK, the Scandinavian retailer specialized within sleeping and living, has begun the construction works for its new distribution center in Bozhuristhe, Bulgaria. The ceremony of the first sod for the new logistics hub took plane on the 30th of May, in presence of local politicians, entrepreneurs and representatives from the top management of JYSK The […]