Lidl Opens More Than 30 Stores in 2020
12.16.2020
German discount grocery retailer Lidl has opened 33 stores, either built from scratch or relocated this year, nearing 300 stores in Romania. It will continue expansion in 2021, as well.
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Fortim Trusted Advisors: Investors Exponentially Increased Number Of Retail Parks In Last Three Years today, 21:03
The ranking of cities with the most modern commercial spaces is led by capital Bucharest which is followed by Timisoara, Cluj-Napoca, Iasi,... more
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Online Retailer DY Fashion Eyes EUR5M Turnover At End-2022 09.22.2022
Online fashion retailer DY Fashion expects to end 2022 with a turnover of EUR5 million, up almost 20% versus EUR4.2 million in 2021. more
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PwC Romania Assisted Profi In Implementing IT Solution To Streamline HR Processes 09.21.2022
PwC Romania has assisted grocery retailer Profi in the process of digital transformation and optimization of its Human Resources Department by... more
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Analysis: Foreign Tourists Spent A Total RON168.8M In July-August In Romania 09.15.2022
Foreign tourists spent a total RON168.8 million in July-August 2022 in Romania, compared to RON155.2 million in the same period of 2021, Global... more
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Sport Guru Ends 1H/2022 With 32% Higher Sales Of RON22M 09.15.2022
Sport Guru, a retailer and distributor of sporting goods, had total sales of RON21.9 million in the first half of 2022, up 32% on the year, and a... more
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C&W Echinox: Romania Cinema Market Starts Recovery After Covid Pandemic 09.14.2022
Romania’s cinema market has started the recovery from the declines faced during the pandemic but is still far from the figures recorded between... more
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Romania Becomes Second Largest Bicycle Producer In The EU 09.13.2022
Romania placed second among European Union countries that produced the most bicycles in 2021, according to data released by EU’s statistical... more
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Startup Froopt Joins Portfolio Of Investment Fund Netopia Ventures 09.12.2022
Investment fund Netopia Ventures, set up by entrepreneur Antonio Eram, has attracted into its portfolio the Froopt platform that sells organic... more
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Kaufland Targets 200 Units in Romania By 2025; Borrows EUR100M from EBRD for Expansion 09.12.2022
German retailer Kaufland wants to open 45 new units by 2025 and this reach 200 units in Romania. For expansion, the network is borrowing EUR100... more
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CBRE: Online Sales Account For 15% Of Overall Purchases In Retail Sector In CEE Region 09.07.2022
Over the last five years, the share of online sales in Central and Eastern Europe (CEE) grew by nine pp to 15%, and in four years’ time is bound... more
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Secom Grows to 16 Stores 08.30.2022
Secom, a company specializing in the import and distribution of dietary supplements and teas, as well as integrative medicine, has opened two... more
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Retailer MAMBricolaj Sees Revenue Up 11% in H1 08.26.2022
Romanian-held furniture accessories retailer MAMBricolaj(MAM.RO) posted RON496.540 net profit in the first half, 2% lower than in the year-ago... more
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JYSK Goes to Slatina, Network Grows to 125 Stores 08.24.2022
Scandinavian retailer of furniture and home products JYSK continues expansion in Romania and opens a new store in Slatina, Olt County, on... more
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Founder Sells Bookstore Chain Diverta, New Owner Plans Exit from Insolvency for 2025 08.22.2022
Bookstore chain Diverta, which went insolvent for the second time in the summer of 2021, was acquired by businessman Augustin Dragan from founder... more
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evoMAG Raises EUR2M Funding From Investment Fund Catalyst Romania 08.17.2022
Online retailer evoMAG, held by entrepreneur Mihai Patrascu, has attracted an investment of EUR2 million from Catalyst Romania, one of the most... more
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tbi Bank Teams Up With Dr. Leahu Dental Clinics For “Buy Now, Pay Later” Payment Solution 08.08.2022
TBI Bank and dental clinic chain Dr. Leahu have concluded a partnership for the “buy now, pay later” payment tool which enables consumers to... more
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Calin Fusu Appointed Nonexecutive Member In Tradeville’s Board Of Directors 08.04.2022
Romanian entrepreneur Andrei Siminel, who controls stock market broker Tradeville, has appointed Calin Fusu to the position of nonexecutive member... more
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Private Labels Likely to “Bite” EUR1-2B from Major Brands’ Sales in 2022 Alone 08.04.2022
Private labels developed by retailers, ever more present on shelves in recent years, are likely to “steal” sales of EUR1-2 billion from major... more
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Carrefour Romania Turnover Up 4.1% In Comparable Terms In 1H/2022 08.03.2022
Carrefour Romania’s turnover grew by 4.1%, in comparable terms, in the first half of 2022, versus sales of EUR1.12 billion in the same period of... more
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Jean Valvis Signs Agreement With PepsiCo For Sale Of Minority Stake In Aqua Carpatica 08.02.2022
Jean Valvis, the entrepreneur behinds the Aqua Carpatica, LaDorna and Dorna brands, has signed an agreement with US giant PepsiCo for the sale of a... more
Real estate investments in Romania neared EUR900 million in 2021, with over a third of the amount transacted being recorded in the last
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The Romanian equity of Germany’s group Metro is valued at EUR225 million, in line with data presented in a company report.
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One United Properties (ONE.RO), one of the leading green developers of residential, mixed-use and office real estate in Romania, has
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House prices per square meter in Romania are undervalued by almost 30% compared to house prices on other real estate markets in Europe,
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Five new companies listed on the Bucharest Stock Exchange will be included in the FTSE Russell index series dedicated to Emerging
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Bistrita-based Datacor plans to develop greenfield-type photovoltaic projects in Transylvania, with total 50MW capacity, as the system
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CTP, the biggest developer and manager of industrial and logistics space in Romania, has over 270,000 square meters under construction
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Ford’s assembly facility in Craiova has produced one million vehicles between 2009 and 2021, in the amount of EUR18 billion, of which
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Poland’s group CCC is bringing in Romania in 2022 the HalfPrice brand, which will operate on the fashion outlet segment, according to
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What Chances Do Romanian Entrepreneurial Companies Stand to Become “Multinationals of the East”?
A rising number of companies, not just from the tech field, are exporting their business model abroad, gaining new markets and strengthening their operations, acting as genuine “multinationals” of the East. Is this concept functional at present and can it be used in any field?