Karlheinz Essl steps away from Baumax

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Business

Baumax founder Karlheinz Essl who hit the headlines earlier this year after he offered to sell his large art collection to Austria to help raise capital for his business, has stepped down as the chair of the company’s Supervisory Board. He has replaced himself with his son Martin Essl, who has been CEO of the […]

BauMax to open four new stores in Romania

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Business

Austrian building materials retailer BauMax will open four new stores in Romania this year, the company announced yesterday (Thurs).A new shop is going to open in Bucharest on 25 February at the new Sun Plaza shopping mall, which is being developed by Erste Group¬ís real estate subsidiary Sparkassen Immobilien AG.Other stores will open in the […]