ZF English

New wave of retail investors comes from production

14.04.2010, 17:06 12

Food producers invest millions of euros to develop their ownstore networks, after only one year ago the Romanian entrepreneurswho set up store networks in modern retail, such as Spar, Tridentor PIC, started to give in to the economic crisis, filing forinsolvency. Cash shortage, which triggered retail insolvencies in2009, is what makes the managers of food industry companies carryout these investments now in order to secure cash flow. Thus, onlyUnicarm Satu-Mare, Agricola Bacau, Angst, CrisTim or Titan Ilfovcurrently hold together more than 100 stores, a level reached onlyby the biggest discounters on the market, such as Plus network.While Romanian food store networks are largely in default or haveslowed down expansion considerably, charcuterie, bakery or poultryindustry producers plan to add between 5 and 10 units to their ownstore networks this year, after each company in 2009 opened atleast five own stores.

Pentru alte știri, analize, articole și informații din business în timp real urmărește Ziarul Financiar pe WhatsApp Channels

AFACERI DE LA ZERO