Sibiu, 100m-euro retail magnet

In the last six months, the city of Sibiu has attracted investments worth tens of millions euros in retail, while at the end of 2004, the current European Capital of Culture did not have even a single hypermarket. Among the first retail networks to arrive in Sibiu are Real Hypermarket, Media Galaxy, bauMax and Kaufland, daily Ziarul Financiar writes .Retail investments peaked last year, when BelRom, a Romanian-Belgian joint venture, invested 50m euros into a retail park project. BelRom ...

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