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Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at [email protected] 

 

German DIY chain pours EUR 28.5 mln in its seventh store in RO

Hornbach, one of the main local retailers of construction and gardening materials, is expanding its network in Romania.

It will open its seventh local store, in Oradea, on September 30, following an investment of EUR 28.5 million.

___STEADY_PAYWALL___

"We are glad that, despite the economic context generated by the pandemic crisis, we will be able to inaugurate the seventh store in the Hornbach network in Romania. The total investment is EUR 28.5 mln, an amount that also includes the initial stock of goods. With this store opening, Hornbach's total investments in Romania amount to EUR 175.2 mln," said Mugurel-Horia Rusu, General Manager of Hornbach Romania.

In the next period, Hornbach plans to open new stores in Cluj-Napoca and Constanta, Mugurel-Horia Rusu also said.

Hornbach reached a turnover of RON 875 mln (EUR 182 mln) in Romania last year, up 13% compared to 2018. The company had 723 employees in 2019.

(Photo: Constantin Opris/ Dreamstime)

[email protected]

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Profile picture for user andreich
Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at [email protected] 

 

German DIY chain pours EUR 28.5 mln in its seventh store in RO

Hornbach, one of the main local retailers of construction and gardening materials, is expanding its network in Romania.

It will open its seventh local store, in Oradea, on September 30, following an investment of EUR 28.5 million.

___STEADY_PAYWALL___

"We are glad that, despite the economic context generated by the pandemic crisis, we will be able to inaugurate the seventh store in the Hornbach network in Romania. The total investment is EUR 28.5 mln, an amount that also includes the initial stock of goods. With this store opening, Hornbach's total investments in Romania amount to EUR 175.2 mln," said Mugurel-Horia Rusu, General Manager of Hornbach Romania.

In the next period, Hornbach plans to open new stores in Cluj-Napoca and Constanta, Mugurel-Horia Rusu also said.

Hornbach reached a turnover of RON 875 mln (EUR 182 mln) in Romania last year, up 13% compared to 2018. The company had 723 employees in 2019.

(Photo: Constantin Opris/ Dreamstime)

[email protected]

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