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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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
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Brico Depot Plans to Broaden Product Range, Invest Further in Online Platform in Romania
08.01.2022
DIY network Brico Depot, with 35 stores on the Romanian market, wants to expand the range of products it sells in Romania and continue investments... more
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Former Clujana Shoe Factory Turned Into Largest Creative Hub In Transylvania
07.29.2022
The former Clujana shoe factory, an industrial heritage space of 2200 square meters currently held by the local authorities in Cluj Napoca, was... more
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Kaufland Opens Its Second Hypermarket In A Shopping Mall, In Oradea
07.27.2022
Germany’s retailer Kaufland, the second largest player on the local retail market by turnover, is opening its second hypermarket in a shopping... more
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JYSK Opens New Store in Sovata for Total of 124 in Romania
07.18.2022
Scandinavian retailer of furniture and home products JYSK continues expansion in Romania with a new store in Sovata, Mures County, set to open on... more
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Leroy Merlin Set to Focus on Network Expansion in Romania
07.18.2022
French DIY retailer Leroy Merlin has a cautious investment strategy for the coming period, given the current economic context, but is focusing on... more
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Pepco Nears 400 Stores and RON2B Turnover in Romania
07.18.2022
Polish discounter Pepco has reached a 285-unit network in Romania, making the local market the second most important for the retailer after the... more
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Iulius Group Launches New Retail Concept In Romania
07.15.2022
Iulius Group founded by businessman Iulian Dascalu has launched a new retail concept along with the opening of Family Market Miroslava, a proximity... more
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Altex Targets EUR30M Investments In 2022
07.15.2022
Romanian electro-IT retailer Altex forecasts a nearly 10% increase in its 2022 turnover, which translates into a slower rate than in the recent... more
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Gfk: 4 Out Of 10 Households In Romania Bought Consumer Goods Online In 2021
07.14.2022
Online commerce of fast-moving consumer goods reached 40% penetration among households in Romania in 2021 and has the potential to reach a further... more
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Sarantis Romania Eyes 11.6% Increase In 2022 Turnover Up To RON453M
07.14.2022
Cosmetics importer and wholesaler Sarantis Romania, held by Greece’s Sarantis Group, has budgeted a 11.6% increase in turnover up to RON453... more
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OMV Petrom And Auchan Romania To Open 80 New MyAuchan Stores In Petrom Fuel Stations In 2022
07.13.2022
The partnership between OMV Petrom and Auchan Retail Romania, which stipulates the opening of MyAuchan proximity stores in Petrom filling stations,... more
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Online Retailer eMAG Appoints Irina Pencea Chief Marketing Officer
07.13.2022
Romania’s leading online retailer eMAG has a new chief marketing officer as of July 1, the company announced. The new manager, Irina Pencea, will... more
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Fratelli Group Eyes 25% Higher Turnover, Of RON70M, In 2022
07.13.2022
Fratelli group of restaurants and clubs targets a turnover of RON70 million in 2022, up 25% compared to 2021 and almost double versus 2020. more
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Sphera Franchise Group Unveils Development Plan For Taco Bell Romania Restaurant Network
07.12.2022
Sphera Franchise Group announced the completion of the procedures for signing the development plan for the Taco Bell Romania restaurant network,... more
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EY Future Consumer: Higher Living Costs Prompt Consumers To Keep Tighter Grip On Their Finances
07.11.2022
EY Future Consumer, the global research of 18,000 consumers, conducted between May 18 and June 7, 2022, found that 79% of consumers say their... 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?