Romanian do-it-yourself (DIY) retailer Dedeman, the largest entrepreneurial business on the Romanian market, will be opening a new store, in Romania's southern town of Alexandria (Teleorman County), on April 11, following a total investment of EUR15.5 million.
Romanian do-it-yourself (DIY) retailer Dedeman, held by brothers Adrian and Dragos Paval, will be opening a new store on Dec 6, in the northeastern town of Pascani, Iasi County, following an investment of nearly EUR15 million.
Law firm Filip & Company has assisted Tiriac Imobiliare in the sale of a plot of land of 14.5 hectares in the locality of Dumbravita (Timis County) to do-it-yourself (DIY) retailer Dedeman.
Adrian Paval and Dragoş Paval, shareholders of the DIY retailer Dedeman, the most powerful Romanian entrepreneurial business, own a stake of almost 1% in BRD Soc Gen - the third largest bank in Romania, through Paval Holding, which makes them the tenth largest shareholders of the lender.
Dedeman, one of the biggest players on the regional DIY market, but with operations only on the domestic market, wants to resume talks about regional expansion after having covered almost all domestic counties.
Do-it-yourself retailer Dedeman, the biggest Romanian entrepreneurial company by turnover, leads in the ranking of Southeastern Europe profits, with a net gain of almost EUR300 million in 2020, shows SEE Top 100 ranking by Seenews, a Sofia-based business news provider.
The Paval brothers, owners of DIY retailer Dedeman, are in talks to buy land from businessman Ion Tiriac next to where the new Ikea is set to be in Timisoara and could pay EUR15 million for it, market sources say.
Dedeman, the largest Romanian entrepreneurial business and biggest local do-it-yourself (DIY) chain, will be opening its second store in Prahova County, in the Blejoi commune, some eight kilometers off the town of Ploiesti.