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Commenting article: Romania's Mobexpert To Open Bulgarian Megastore in Q3

Romanian furniture retailer Mobexpert will open its first Bulgarian hypermarket towards the end of the third quarter of the year, in the Lyulin district of capital Sofia.

This will be the chain's sixth hypermarket and the first outside Romania, as it seeks to take advantage of strong economic growth south of the Danube.
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#1
plamenski - 20 Jun 2007 // 20:13:38

Mobexpert short for Mobster Expert, right! :))

#2
Kolega - 20 Jun 2007 // 20:32:01

Plamenski,
that is actually funny, but why the skepticism?
The Poles build something - the light bulb joke.
The Romanians build something - the Mob joke.

Hey, people are investing in BG and employing folks, which eventually will lead to better pay and living standards, so why not be positive about it?

You've been in England long enough to shake off some of that Balkan negativism, haven't you?

#3
plamenski - 20 Jun 2007 // 21:33:01

Hi Tony, perhaps exactly because I've been here for too long, I couldn't help myself.
It's nothing to do with BG or Ro for that matter. Btw, I quite liked your analysis in that other thread about grey economy. What more can I say, so I thought I'd just crack a joke!

#4
BULERICAN - 20 Jun 2007 // 22:43:57

Author: plamenski 20 Jun 2007 20:13:38
Mobexpert short for Mobster Expert, right! :))

Not quite Plamen,

Mob Expert = Mobel (Furniture) Expert.

I do like your idea though, a furniture deal you no canna refuse !

#5
plamenski - 20 Jun 2007 // 23:03:00

Very good corporate tag, bule!
They can pay us in С?кафченца.

#6
CreepyS - 21 Jun 2007 // 11:23:39

Mob Expert is a great name and I will buy there when I need furniture;) I like Romania's development - they even started producing cars.

But wait a minute - does anyone know about a BG company expanding abroad - Gang Banking Corporation, Fantastiko, whatever?

#7
Kolega - 21 Jun 2007 // 17:59:17

Creepy,
with every year I see more and more Bulgarian products in the States.
Things like food, wine, now soft drinks, not to mention fashion.

Creepy you are not one of those folks who thinks that unless we make cars and manufacture heavy goods, our economy is fake, are you?

They have them in the States as well - people who buy American, thinking that they are being patriotic and decry the end of the US because stuff is made in China....

The Swiss or the Irish don't make cars, but their economies are real.
If you ask me the Americans should stop wasting their time with light cars. They haven't the gift...

Some of the EU makers will manufacture cars in BG.
Anyhow, if there is a Bulgarian with the knowhow and the ambition to start a new auto company, he'd probably leave the country to do it. (like our friend Rumen Antonov, of whom I posted before).
That's the Bulgarian mentality.

#8
CreepyS - 21 Jun 2007 // 18:26:39

Kolega,

I just asked whether there is a BG company expanding abroad - insurance, banking, retail, whatever. Export is another story. No question that good economy is not only machinery.

Here we have an example of a Romanian company expanding abroad, which tells us these folks have vision and ambitions to grow international on their own.

I dont believe you think a good economy is only to wait someone to come and invest in your country - its both ways. So do we have BG companies with vision and ambitions or we are only good to work for foreign companies in BG, not to create our own companies that can expand abroad?

#9
Kolega - 21 Jun 2007 // 18:35:38

I don't know enough to answer that, but my guess is if there are such companies who are expanding abroad, we'll find something negative and derogatory to say about them....

One of my closest friends just finished building his third gas station/car wash in Serbia (near Nis), so unless he is the only one, I am sure is happening on scale not yet to reach SNA;)

#10
Kolega - 21 Jun 2007 // 18:39:58

BTW,
the reason he originally got into the area was that his construction (metal frame production) outfit got a lucrative contract in the rebuilding of Kosovo.

So you see, it must be happening... people are getting rich, while Vas bitches about stuff;)

#11
CreepyS - 21 Jun 2007 // 18:55:44

Apparently your friend has what it takes to run decent business and hopefully he will grow big enough to enter the SNA news one day;). I hope I will live long enough to see a BG company to take over a foreign one;)

#12
bozhidar - 21 Jun 2007 // 19:21:43

Expand abroad? LOL
Where to?
To Albania, Serbia, Belarus and of course your mastercountry Russia, provided you keep playing the we-like-EU-but-we-like-our-masters-the-Russians-too double game.
Even when Bush was in Bg you still didn't want the American missile shield to offend Russia. I hope the EU and the US find out about your foreign politics double game. In fact I'm sure they already did.

#13
Kolega - 21 Jun 2007 // 22:02:40

Bozo,
there is a loose screw somewhere there my friend....
Take care of yourself....

#14
bozhidar - 21 Jun 2007 // 22:36:39

Beening proud that Romanians opened a store in Bulgaria? Lame indeed

#15
Kolega - 21 Jun 2007 // 23:44:07

Creepy:
"I hope I will live long enough to see a BG company to take over a foreign one;)"

Except that by then it will be even harder to identify the exact nationality of a company.

Bulgarian companies are already beginning to have access to EU funding mechanisms, and (as I tried to explain before to a bimbo here called Z), if someone invests in you (gives you money) - they are part owners no matter how you look at it.

When a Bulgarian company is big enough to take over a foreign one, the probability will be pretty high that it would've already been listed on the BG (or an EU) exchange, which means that God knows who and what groups would have bought shares in it, so therefor any attempt to frame it in terms of "national acquisition" would be an intellectual exercise in futility..
My guess is that those Mobexpert guys are probably already in other people pockets anyway.

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