30 ian 2013

Dragos Petrescu, one of the most notable entrepreneurs in the restaurant business, who owns City Grill, Trattoria Buongiorno and Hanu Berarilor, will close the City Grills restaurants in Carrefour more

25 ian 2013

Retailer Mega Image, which operates the supermarkets by the same name and the Shop & Go convenience stores in Romania, is in talks to buy the 20-store retail chain Luca in Brasov (center of the more

24 ian 2013

Tymbark Maspex, the largest juice producer on the local market, took over some of the assembly lines and brands of Craiova-based bakery company Pan Group, sources close to the deal told ZF. more

23 ian 2013

Maissam Mrad, managing director of fast food chain Springtime, says businesspeople should not use the past as reference, especially the boom period, because otherwise they will always be unhappy about more

21 ian 2013

Nestle, Microsoft, IBM, JTI, Wrigley, Kandia, Sanofi, S&T and Rehau are a few of the companies that decided to start the new year with a change at the top management. more

15 ian 2013

Inditex, the world’s largest fashion group, produces over eight million clothing and footwear items under contract in Romania per year, i.e. 1% of its production worldwide. more

9 ian 2013

Inditex group, the owner of the Zara brand and leader of the Romanian fashion market will hire 250 to 300 people this year, for a total of almost 1,500, industry sources say. more

8 ian 2013

Francois Melchior de Polignac, the Frenchman who runs Carrefour Romania, says he is going ahead with expansion in 2013, keeping the past few years' pace. more

6 ian 2013

Supermarket chains are planning to open more than 150 stores this year, continuing the expansion trend of the last few years. more

4 ian 2013

Nestle, one of the world’s largest food industry groups, has appointed Herve de Froment to manage Romanian operations as of January 1, according to market sources. He previously worked for Nestle, more

31 dec 2012

Discount retail chains Lidl and Penny Market could reach sales of around EUR1 billion this year, after they opened 40 new stores in 2012 compared with cumulated turnovers of a little over EUR800 more

29 dec 2012

Foreign companies have flooded the Romanian market with more or less known brands. While thousands of them are vying over customer attention in Romania, the number of local brands known in the West is more

21 dec 2012

The major supermarket chains are getting close to 1,000 stores on the local market after having opened 227 in 2012, according to a ZF analysis. Retailers continued to invest hundreds of millions of more

19 dec 2012

German retailer Kaufland opened ten hypermarkets in Romania this year, following investments of EUR70 million to EUR100 million. more

18 dec 2012

Retailer Profi, controlled by Polish private equity firm Enterprise Investors, plans to open at least 45 stores next year, bringing its Romanian network to almost 200 units. more

13 dec 2012

Fashion retailer Takko, which arrived in Romania in 2007, will open ten stores next year, for a total of over 70 throughout the entire country. The German-held company is thus continuing to expand at more

3 dec 2012

Ioana Enache, the Romanian who runs direct sales company Amway Romania since the beginning of this year, says in the coming years the company will grow slowly and steadily. But in the longer-term, the more

30 nov 2012

Dan Ostahie, owner of electronics and household appliances retailer Altex, believes physical stores will remain the basic pillar of a business in the future, irrespective of how much online sales more

30 nov 2012

Dragos Dinu, who served as chief executive officer of the largest local pharmaceutical group A&D Pharma until 2008, has been given a position in the board of electronics, home appliances and computer more

29 nov 2012

Retailer Mega Image could end the year with about EUR500 million in sales and a network of 194 stores, almost double the number at the end of 2011, after the most aggressive expansion campaign in the more

26 nov 2012

French retailer Auchan might take over the Romanian hypermarket network of German retailer Real and a deal to this end might be signed Thursday, people familiar with the matter told Ziarul Financiar. more

16 nov 2012

Fast-food restaurant chain KFC has opened seven restaurants this year, three of which drive-thrus, for a total of 46. The company stepped up expansion in 2012, while rival McDonald’s preferred to more

15 nov 2012

Electronics, home appliances and computer retailer Domo currently has 100 stores, ten fewer than it did about six months ago. The company had announced streamlining plans more than a year ago, when more

14 nov 2012

Every Romanian bought less than two bottles of shampoo this year, on which they spent 20 lei (almost EUR4.5) on average. more

13 nov 2012

The five largest fashion retailers in Romania will end the year with EUR320 million to EUR360 million in revenue, up 60% on the year as a result of the aggressive expansion and Romanians’ enthusiasm more