Greek apparel retailer Sprider withdraws from Romania

Following its plans to withdraw from Romania, Greek clothing retailer Sprider has sold its Romanian subsidiary for € 640,000. 

 

Following its plans to withdraw from Romania, Greek clothing retailer Sprider has sold its Romanian subsidiary for € 640,000. The purchaser, #

The purchaser, Naqua Investments, is a Cyprus-based conglomerate, with specialization in clothing retail in the Eastern Europe region. The buyer accepted to take over the three million euro acquisition plan by Sprider Stores in Romania.

 

Following its plans to withdraw from Romania, Greek clothing retailer Sprider has sold its Romanian subsidiary for € 640,000. The purchaser, #

At a turnover of € 5.9 million, Sprider Stores Romania incurred a loss of € 3.2 million during last year.

 

Following its plans to withdraw from Romania, Greek clothing retailer Sprider has sold its Romanian subsidiary for € 640,000. The purchaser, #

According to Sprider’s website, it owns stores in 13 cities in Romania and has four units in Bucharest.

 

Following its plans to withdraw from Romania, Greek clothing retailer Sprider has sold its Romanian subsidiary for € 640,000. The purchaser, #

During August 2011, the retailer announced investment of € 20 million, the first since its penetration in the market in 2007.

 

Following its plans to withdraw from Romania, Greek clothing retailer Sprider has sold its Romanian subsidiary for € 640,000. The purchaser, #

Sprider Stores offer complete clothing solutions for the entire family and has active presence in Greek, Bulgarian, Poland and Cyprus markets.

 

Following its plans to withdraw from Romania, Greek clothing retailer Sprider has sold its Romanian subsidiary for € 640,000. The purchaser, #