Vero is finally getting some competition.
U mean Tinex will finally get some competition. Tinex has twice the markets Vero has and a much larger market share. I dislike their markets but the stats are pretty clear. Plus they are modernizing rapidly lately and I'm starting to like them. Plus they are domestic which gives them a (big) bonus at least for me .Vero is finally getting some competition.
I think they are doing some re-branding they have been changing lots of things visually lately but I still can't find a common pattern. Nevertheless they improve very fast which is a big change for them. In the past they seemed like they don't care.I like tinex building.
Didn´t they have green-red combination?
They recently had a public call for construction companies to give in offers. It will be placed somewhere on Prvomajska (I reckon somewhere in the Cementara stretch).Dewrob, where is the second Tinex market you mention (the one on the renderings) supposed to be built?
Tinex was negotiating with Delta to get taken over but the negotiations failed than (this was one year ago). Ever since then they seem much more serious in conducting business. I presume they are eventually going to get taken over in the near future, they are just pumping up their value meanwhile.Interesting. I didn't even know Tinex existed. Either way: Vero, Tus or Tinex, the more competition, the better for the Macedonian consumer.
I still can't get over the fact that Metro has 3 stores in Moldova and none in Macedonia. They'd better rethink their strategy.
http://www.seeurope.net/?q=node/15071BULGARIA: Doverie Brico to Expand Mr.Bricolage DIY Franchise Across Region
26.03.2008 Bulgaria | Corporate
Bulgarian company Doverie Brico said it is about to finalise talks with French DIY retailer Mr.Bricolage to add to its current franchise area, which includes Bulgaria, Macedonia and Serbia, also Albania, Bosnia and Herzegovina, Montenegro and Kosovo.
Doverie Brico currently operates 10 outlets in Bulgaria and is developing projects in Serbia and Macedonia.
The company wants to put to use its experience in growing the brand in Bulgaria as it eyes underdeveloped markets elsewhere in the region, said executive director Andrei Evtimov. 'In Bulgaria, we invested in good location at a time when the market was only starting to take shape and now these investments are paying off,' said Evtimov.
The company plans to open at least one, possibly two stores in Serbia and at least one location in Macedonia by the end of 2009.
Mr.Bricolage's main competition on the Bulgaria market is German counterpart Praktiker.
Austrian home improvement retailer bauMax is poised to join the enter the market this year.
Source: Dnevnik a.m.
so are U skeptical about this news? It's a brand new thing for me, I was looking for something else and I stumbled upon this (mostly Bulgarian sources). Macedonian media didn't relay any of this info here.Doverie Brico is taking is time. It seems to be more concerned with the increased competition on the Bulgarian market right now. After the launch of Baumax's two stores and Praktiker's constant expansion, Doverie Brico sees a run for its money. It plans to open additional 3 stores in Bulgarian and, I know, that it has had plans to open two stores in Serbia for a while now. When you go to www.mr-bricolage.fr, they tell you on the website that the chain will enter the Serbian market very soon. I am unaware of Brico's plans about Macedonia. I think that the MK market can accomodate about 5 Mr. Bricolage stores.
I am skeptical about the short run, but not about the long run. I think that their priorities are as follows: 1. Grow in Bulgaria to stave off burgeoning competition 2. Enter the Serbian market (Belgrade) and make easy bucks quickly. 3.Enter the Macedonian market.so are U skeptical about this news? It's a brand new thing for me, I was looking for something else and I stumbled upon this (mostly Bulgarian sources). Macedonian media didn't relay any of this info here.