Handelshof, Kaufland represents a German hypermarket chain. Their first store opened in 1984 in Neckarsulm and moved along to become a leader in East Germany. Kaufland International owns over 1,000 stores in Germany, Czech Republic, Slovakia, Poland, Romania, Bulgaria and Croatia. The history of Kaufland company began when Joseph Schwarz entered the “Südfrüchte Großhandlung Lidl & Co” at Heilbronn as a shareholder in 1930, which was afterwards, renamed “Lidl & Schwarz KG”. The next goal of the company
Romania: Romania came across many problems post-communism, which many experts claim is due to their history. Romania experienced the most repressive society during their totalitarian communist regime’s years. As Daniel Brett said, “The culture of mistrust among both individuals and social groups predates communism; it was exploited by communism and continues to be exploited by those who fear the emergence of a genuinely autonomous civil society..” (392). The country faced problems with corruption
Investment opportunities in Romania. Main determinants of FDI attractiveness in the country 1. Abstract It is a well-known fact that there has been an increasing interest in emerging markets shown by foreign investors. Investing in emerging markets is risky on the one hand, but can offer attractive returns on the other hand. Over the last few years, countries from Eastern Europe and from the Former Soviet Union have encountered rapid productivity growth that has raised the living standards and
welcomed almost 30 million people from Romania and Bulgaria to the union. Massive celebrations were held in Romania and Bulgaria to mark this accession. This historic event also marked the fifth enlargement of the EU and the peaceful reunification of Western and Eastern European countries since the end of the Cold War. The path to membership was long and sometimes challenging but in the end these two countries arrived to the road of Europe and the future. Romania has been searching integration since
within socialist Romania was strengthened by the government’s denial of sexual liberation to women. In Ceausescu’s refusal to allow women governance over their bodies, restrictive reproductive policies that emphasized the femininity of women were created. By placing such an importance on femininity and a woman’s ability to reproduce, instead of a woman’s right of choosing whether to reproduce, Ceausescu’s regime solidified the patriarchal and traditionalist ideology of socialist Romania. It is from these
an overview of the situation in Romania, where Blaze Cosmetics wants to expand and start a new business venture. The report covers
When people hear of the place Romania, not very many people know about its very existence, much less where it is located on a map. Romania is not a well-known country, but it is somewhat known for its gypsies, castles, wine, and for Dracula himself. Romania is a beautiful country filled with amazing landscape such as fascinating forests, majestic mountains, and raging rivers. Romania also is a very warm culture and the people there are extremely friendly and hospitable. In order for one to know and
The Roman province of Dacia consisted of most of Romania from approximately 100 to 271 A.D. The Daco-Roman was overran again and again by barbarian conquerors. Many migrants traveled to Romania. In the 5th and 6th century two major events happened. First in the 5th century, came the Huns and in the 6th century they were followed by the Avars. The Huns were a nomadic tribe whose origin is unknown but, most likely, they came from "somewhere between the eastern edge of the Altai Mountains and the Caspian
new provisional government. Iliescu gained popularity by proclaiming his role in the death of Ceauşescu and championing a new “one party democracy” (Wolchik and Cury 318). Ceauşescu’s legacy and the lack of political competition in Romania led the citizen’s of Romania to believe in the empty promises of reform made by the FSN and Iliescu. The National Salvation Front promised to be a transitional government and to offer free and fair elections (Wolchik and Cury 317). In May 1990, they offered free
for SMEs Abstract Romania, located in southeastern European, was heavily influenced by the Russian Soviet Union as a socialist republic between 1947 and 1989. With becoming a capitalist country in 1989, its accounting practices began its transformation. The purpose of this paper is to analyze Romania accounting practices post its revolution. The paper discusses three major accounting practice conversions made in Romania post communism. Included in this paper are comparisons