Railway Operator Grampet Raises Stake in Polisano Pharmaceuticals to 74%
09.17.2018
Grampet, the largest private railway and logistics operator in Romania, will take over the management of medicines producer Polisano Pharmaceuticals by raising its stake to 74% from 20%.
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Elvila Turnover Falls 10%, Loss Deepens 46% in 1H 08.23.2018
Romanian furniture manufacturer Elvila (ELV.RO) on Thursday reported a turnover of RON24.25 million in the first half of the year, 10% lower than... more
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Romania Has One of the Lowest Shopping Center Densities in Europe 08.23.2018
Romania's shopping center density is of just 107 square meters per 1,000 inhabitants, seven times lower than Estonia and half compared with Czech... more
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Survey: Travel Vouchers Bolster Romania’s HORECA Industry Growth To Over RON15B 08.23.2018
Romania’s hotels, restaurants and coffee shops (HORECA) industry has increased to over RON15 billion in 2018, upheld by travel vouchers,... more
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City Grill Group 1H Turnover Up 15% On Year To RON81M 08.23.2018
City Grill Group, which currently administers 19 restaurants and coffee shops, reported a turnover of RON81 million for the first six months of... more
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German Group Delivery Hero SE Acquires hipMenu Food Delivery Platform 08.22.2018
German group Delivery Hero SE, which owns the foodpanda.ro food delivery app in Romania, has acquired local food delivery platform hipMenu,... more
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Romanian Bicycle Brand Pegas Lists On Amazon; To Open Ten New Stores By End-2020 08.22.2018
The Romanian bicycle brand Pegas will enter the European market by listing on five marketplaces of Amazon platform, in Spain, France, Germany,... more
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KeysFin: Romania’s Soft Drinks Market To Top RON6B Mark In 2018 08.22.2018
Romania’s soft drinks market will exceed the RON6 billion threshold in 2018, following a nearly 24% increase over the last five years, against... more
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Farmacia Tei And Bebe Tei Revenue Sees Double-Digit Increase In H1 08.22.2018
Farmacia Tei retail pharmacy chain and Bebe Tei stores of entrepreneur Roxana Maftei ended the first half with 334 million lei (EUR72 million)... more
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Top Five International Retail Chains Paid RON2,100 To RON3,100 Net Salaries On Average In 2017 08.22.2018
The average net salaries the top five international retailers by revenue – Kaufland, Carrefour, Lidl, Auchan and Mega Image, pay vary from 2.100... more
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Online Store Cel.ro 1H Sales Up 30% On Year To EUR33M 08.22.2018
CEL.ro, an online store managed by Corsar Online held by entrepreneur Tiberiu Pop, reported a 30% increase in sales in the first half of 2018, to... more
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Top Ten Bookstore Chains In Romania Posted RON300M Sales In 2017 08.21.2018
The ten biggest book retail names in Romania by 2017 revenue, own more than 160 brick and mortar bookstores together and generated about 300... more
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JYSK Opens 62nd Store in Romania, in Braila 08.20.2018
JYSK Romania, one of the biggest furniture and home accessories retailers, part of Scandinavian group JYSK Nordic, will be opening its 62nd store... more
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Studio Moderna Revenue Up To RON261M In 2017 08.17.2018
Omnichannel retail company Studio Moderna, which owns 42 Dormeo and Top Shop stores in Romania and sells more than 3,500 products, posted 261... more
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Pretzel Shop Chain Luca Doubled Revenue To RON75M In Four Years 08.15.2018
Tinervis Group, the operator of the Luca pretzel shop chain held by Romanian entrepreneurs George Adragai and Cosmin Postole, ended 2017 with net... more
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Bravcod Buys Penes Turkey Meat Brand from Insolvent Galli Gallo for EUR20M 08.14.2018
Farming company Bravcod has brought Romanian turkey meat brand Penes from insolvent producer Galli Gallo for EUR20 million, the seller's judicial... more
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Natural Product Retail Chain Vitamix To Expand To 32 Stores 08.14.2018
Vitamix, a 22 natural product store chain will expand in the Dobrogea region (SE Romania) after having acquired rival stores and grow to 32... more
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Romania Childrenswear Market Up To RON1.6B, Set To Keep Growing 08.14.2018
Romanian consumers are expected to spend 1.58 billion lei (EUR339 million) on childrenswear this year, 3.6% more than in 2017, market research... more
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GfK: Romania’s Durable Goods Market Up 12% To EUR700M In 2Q/2018 08.13.2018
Sales of durable goods on the Romanian market rose 11.8% in April-June 2018, to EUR700 million, mostly backed by the telecom segment, being the... more
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Profi Leases 800 Sqm in Anchor Plaza Building in Bucharest 08.13.2018
Profi, one of the largest retail chains in Romania, leases 800 sqm of office space in Anchor Plaza in Bucharest, owned by Anchor Grup, real estate... more
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C&W Echinox: Romania's Real Estate Market Attracted EUR386M Investments in 1H/2018 08.09.2018
The investment volume in the first half of 2018 amounted to around EUR386 million in Romania, down 27% from the same period of the previous year,... more
Lender ING Bank Romania on Tuesday reported a net profit of RON345 million for the first half of 2018, on higher revenues and lower
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Hotels, pensions, lodges and motels in Bucharest and in the Constanta and Brasov counties posted more than 2.5 billion lei (EUR538
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Romania’s game development industry is dominated by multinationals and the four largest such companies in the country by revenue in
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Sales of durable goods on the Romanian market rose 11.8% in April-June 2018, to EUR700 million, mostly backed by the telecom segment,
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The 20 largest companies that went insolvent in the first half of 2018 posted 1.5 billion lei (EUR324 million) revenue and had about
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The investment volume in the first half of 2018 amounted to around EUR386 million in Romania, down 27% from the same period of the
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The Bucharest Stock Exchange increases the maximum number of companies in its BET index and its total return version BET-TR from 15 to
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C&W Echinox: Romania's Real Estate Market Attracted EUR386M Investments in 1H/2018
The investment volume in the first half of 2018 amounted to around EUR386 million in Romania, down 27% from the same period of the previous year, when the investment market reached a value of EUR530 million, according to Cushman & Wakefield Echinox calculations and estimates.
