Finland's R-Kiosk, which brought the modern-format kiosk conceptin Romania in 2008, says its business on this market is still inthe pilot-project phase.
"Romania is an interesting market for us, but we must admit westill know few things about it at this moment," stated Kalvar Kase,International Business Director with the R-Kiosk network operatedby Rautakirka group.
The company, operating 35 kiosks domestically, has recentlyannounced it froze its expansion plans for Romania for at least oneyear because of the difficult economic context.
"At this moment, we're still developing our own retail concept andresearching the market and the behaviour of Romanian consumers,"said Kalvar Kase. He chose not to specify whether the Finnish groupreceived any takeover bids for its Romanian network.
Last year, the retailer also intended to expand in a franchisesystem, but no contract with new investors has been signed,yet.
By freezing expansion, the Finish group is losing ground in modernretail to Mic.Ro network developed by a company indirectlycontrolled by billionaire Dinu Patriciu.
Pentru alte știri, analize, articole și informații din business în timp real urmărește Ziarul Financiar pe WhatsApp Channels
