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.
-
Captain Bean Seeks To Open Over 50 Units By End-2021 02.09.2021
Coffee shop chain Captain Bean, founded six years ago in Cluj-Napoca, ended 2020 with a 17-unit network, of which ten opened in 2020 in franchise,... more
-
Survey: Just 18% of Romanians Buy Dairy from Local Farmers 02.09.2021
Most Romanians prefer to buy dairy products from supermarket and hypermarket chains, to the detriment of farmers' markets or convenience stores, a... more
-
Elefant.Ro Book Sales Up More Than 30% in 2020 02.09.2021
Elefant.ro, one of the largest online retailers in Romania, posted 30% higher sales of books last year compared with 2019, even though the overall... more
-
C&W Echinox: Retail Space Deliveries Seen Down 50% in 2021 02.04.2021
Deliveries of modern retail space this year will amount to about 60,000 square meters, a decrease of about 50% compared with 2020, real estate... more
-
Agroland Opens First Store in 2021 in EUR0.5M Greenfield Investment 02.04.2021
Agroland Business System, the most extensive farming store chain in Romania, has opened its first MEGA store this year, out of eight planned, in a... more
-
Premium Porc Seeks to Buy Five Farms in Arges County 02.02.2021
Danish group Premium Porc, the second largest pork producer in Romania with ten local farms, seeks to buy five pig farms from Danbred, a group of... more
-
Elefant.ro Posts 35% Turnover Growth in 2020, to RON235M, Plans IPO in 2021 02.01.2021
Elefant.ro, one of the largest online stores on the local market, operated by Elefant Online, had a turnover of RON235 million (EUR48.2 million) in... more
-
Retailer Auchan, Costa Coffee Launch Coffee Corners Across All MyAuchan Stores In Petrom Filling Stations 02.01.2021
French-held retailer Auchan and Costa Coffee, the coffee brand brought to Romania by Coca-Cola HBC Romania, in the summer of 2020, have started a... more
-
Online Furniture Retailer Vivre Sales Rise 45% in 2020 02.01.2021
Online furniture and home décor retailer Vivre posted growth of 45% in sales to more than EUR60 million in 2020. more
-
Miele Romania Turnover Grows 34% in 2020, to EUR13M 01.29.2021
German home appliances manufacturer Miele ended 2020 with 34% turnover growth in Romania, to over EUR13 million, as consumer behavior changed... more
-
Fashion House Pallady, Developed In Romania By Belgium’s Liebrecht & wooD, To Open March 25, 2021 01.28.2021
Fashion House Pallady, the latest fashion house outlet developed by Belgian real estate developer Liebrecht & wooD in eastern Bucharest, in the... more
-
Altex Invests Over EUR1M In Solar Panels At Some Of Its Sores, Logistics Centers Across Romania 01.28.2021
Romania's leading electronics retailer Altex wants all stores, logistics parks and entities in its group to produce and use renewable energy, with... more
-
Glami.ro: Romania’s Online Fashion Market Seen Overshooting RON5B In 2021 01.26.2021
Romania’s online fashion market is expected to grow by 20% in 2021, up to RON5.1 billion, and to exceed RON6 billion until 2023, per a market... more
-
Adama Appoints Gabriela Vila as Head of Operations for Romania and Moldova 01.26.2021
Adama Agricultural Solutions, a leading global manufacturer and distributor worldwide of crop-protection solutions, has appointed Gabriela Vila at... more
-
Penny Set to Keep Hiring, Expanding in 2021 01.26.2021
Discount retailer Penny will continue to hire in 2021, as a result of store chain expansion and the development of a new warehouse. more
-
Vitacom Electronics Posts RON60M Turnover in 2020, Expects 10% Growth in 2021 01.25.2021
Cluj-based importer and distributor of electronic products and accessories Vitacom Electronics registered a turnover of RON50 million in 2020... more
-
Carrefour Romania Appoints Alina Gamauf as HR Manager 01.25.2021
French retail group Carrefour, the second largest player on the Romanian market by turnover, has appointed Alina Gamauf as human resources manager. more
-
Captain Bean Grew To 17 Coffee Shops In 2020, Plans to Continue Expansion 01.25.2021
Local coffee shop chain Captain Bean expanded in full gear last year, amid the pandemic, when its franchisees opened ten coffee shops. The network... more
-
Fashion Retailer Pepco Set to Open 50 New Stores in 2021 01.18.2021
Retailer Pepco, the leader of the fashion retail market in Romania by sales, ended 2020 with a sales growth of 4%, mostly because of expansion. more
-
Foodpanda Launches Pandamart in Romania with 1,500 Groceries and 30-Min Delivery 01.15.2021
Food ordering and delivery platform foodpanda is launching pandamart, its own retail concept where users can order groceries and other essential... more
FAN Courier, the leading courier services company in Romania, expects to end the year with a turnover of EUR205 million – close to
more
Swedish real estate developer Skanska has sold office buildings Campus 6.2 and Campus 6.3 in Bucharest to Austrian developer S Immo,
more
SoftOne Romania, a member of Greek investment group Olympia, continues its expansion by acquiring Orosimo Software, a software
more
TeraPlast, the parent-company of TeraPlast Group, announced Friday the sale of its window profiles business to Dynamic Selling Group, a
more
U.S. automaker Tesla is in a straight line with the opening of a center in capital city Bucharest and, for starters, it seeks to employ
more
Romania plans to invest over EUR22 billion in its energy sector in the next ten years, according to the country's draft energy strategy
more
Romania will sign a financing agreement totaling $8 billion with the United States for the refurbishment of one nuclear reactor and the
more
The European Commission said Monday it has approved, under EU State aid rules, a RON21.3 million (approximately EUR4.4 million)
more
DCS Plus, Druid and Tremend are the Romanian companies recognized in the Deloitte 2020 Central Europe Technology Fast 50 program in the
more
Pet food and other care product sales will increase by 13% to almost 3 billion lei this year, data provided by market research company
moreAnalysis
Romania’s Automotive Industry Loses EUR5B in Revenue Due to Production Halt in Spring
The revenue of Romania’s automotive industry shrank by 15% from more than EUR30 billion in 2019 to some EUR25 billion this year, data from Romania’s carmaker association ACAROM shows.
