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.
-
ROCA Investments Buys 20% of Artesana 12.17.2020
ROCA Investments has acquired 20% of dairy company Artesana, owned by Alina and Daniel Donici, to support the company's development and a EUR4.6... more
-
Fashion Retailer C&A’s Number of Local Manufacturing Partners Down to 8 From 40 in 2016 12.17.2020
Fashion retailer C&A, one of the largest in the world, is working with only eight partner factories in Romania, compared with 20 in 2019 and about... more
-
Supermarket and Hypermarket Chains in Romania Valued at Almost EUR10B in 2020 12.17.2020
Local modern retail stores, about 3,500 in various formats, are valued at a little less than EUR10 billion (46 billion lei) in 2020, 21% higher... more
-
Altex Opens EUR1M Store in Bucharest 12.16.2020
Romania's leading electronics retailer Altex announced the opening of a new store in Bucharest following an investment of EUR1 million. more
-
Altex Has Invested EUR27M in Development in 2020 12.16.2020
Computer and electronics retailer Altex, the leader of this market in Romania, has invested EUR27 million in business development this year,... more
-
Kaufland Opens Hypermarket In Sovata Spa Resort; Reaches 138 Stores In Romania 12.15.2020
German-held discount retailer Kaufland, the leader of the local grocery retail market by sales, opened a new hypermarket, in Sovata spa resort... more
-
C&W Echinox Advised eMAG on DEKRA Trusted Facility Audit and Certification 12.15.2020
Real estate consulting company Cushman & Wakefield Echinox advised online retailer eMAG on the DEKRA Trusted Facility audit and certification... more
-
Farmacia Tei Online Sales Up to 18% of Revenue From 10% in 2019 12.15.2020
The growth of online sales amid the COVID-19 pandemic also shows in the revenue of Farmacia Tei, which got 18% of it via online sales this year,... more
-
Metro Becomes Largest Retailer by Number of Stores in Romania with LaDoiPasi Chain 12.15.2020
Franchised LaDoiPasi store chain launched by Germany’s Metro has grown to 1,400 stores, which makes it the retailer with the largest network,... more
-
JYSK Opens 95th Store in Romania on Dec 17 12.14.2020
Scandinavian furniture and home décor retailer JYSK opens its second store in Sibiu and 95th in Romania on Thursday, December 17. more
-
Frisbo Expands Operations to Five New Countries 12.14.2020
Frisbo, the first full provider of e-fulfillment services in Romania, which takes over depositing and processing the orders of online shops, said... more
-
FAN Courier Turnover Nears RON1B Mark in 2020, Up 22% 12.10.2020
FAN Courier, the leading courier services company in Romania, expects to end the year with a turnover of EUR205 million – close to the RON1... more
-
Sphera Opens KFC Restaurant in Miercurea Ciuc 12.10.2020
Sphera Group (SFG.RO), the franchise operator of KFC, Pizza Hut and Taco Bell restaurants in Romania, said Thursday it has opened a new KFC... more
-
Fashion Retailer Marc O’Polo Opens Store in Bucharest AFI Palace Cotroceni 12.10.2020
Fashion retailer Marc O’Polo, with over 2,000 points of sale in 37 countries, opens its fourth mono-brand store in Romania in the AFI Palace... more
-
Computer and Electronics Retailer Flanco Expects Better 2021 12.10.2020
Computer and electronics retailer Flanco has budgeted growth for next year, after 2020 has been a good year for its industry, since Romanian... more
-
Kaufland Opens Store in Roman, Eastern Romania 12.09.2020
German-held discount retailer Kaufland, the leader of the local grocery retail by sales, opens a new store in Roman, Neamt county, its 137th store... more
-
Leroy Merlin Buys Property in Brasov for Expansion 12.09.2020
French DIY retailer Leroy Merlin has bought a property in Brasov in view of expansion from Belgian investor Mitiska REIM, specialized in the... more
-
Agroserv Mariuta Bonds Debut on Bucharest Stock Exchange 12.08.2020
Corporate bonds issued by Agroserv Mariuta, the dairy processor of Laptaria cu caimac, started trading Tuesday on the Bucharest Stock Exchange's... more
-
Discount Fashion Retailer Kik Plans to Open More Than 30 Stores in 2021 12.08.2020
German discount fashion store chain Kik has grown to 54 stores in Romania after having opened 17 in several cities of the country during the... more
-
Laptaria cu Caimac Bonds Start Trading on Bucharest Stock Exchange Tuesday 12.07.2020
Bonds issued by Agroserv Mariuta, the dairy processor Laptaria cu Caimac, will start trading on the Bucharest Stock Exchange Tuesday, December 8,... 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.
