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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ANA Pan to Open ANA Baking Co in One Cotroceni Park 05.30.2022
Confectionary chain ANA Pan, whose development is handled by Alexandra Copos de Prada, daughter of businessman George Copos, will open an ANA... more
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Profi's 2021 Turnover Close To RON10B Threshold After 7.8% Growth 05.30.2022
Grocery retailer Profi, held by buyout investor Mid Europa Partners, had a turnover of RON9.5 billion in 2021, up 7.8% from 2020. more
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Lemon Retail Park In Bucharest To Open In Sept 2022 After EUR15M Investment 05.30.2022
Lemon Retail Park, built by Synergy Construct in Bucharest's northern area of Pipera, following an investment of EUR15 million, will be inaugurated... more
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Online Fashion Retailer Zalando Launches in Romania 05.30.2022
European online fashion retailer Zalando, which already has a presence in 25 countries, launched in Romania on Monday. The retailer carries 350,000... more
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eMAG Hits RON5.682B Turnover in Romania in 2021 05.26.2022
eMAG, the biggest online retailer locally, in 2021 registered RON5.682 billion turnover in Romania, according to Tudor Manea, the company’s CEO. more
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Ursus Breweries Launches Kozel Beer Brand In Romania 05.24.2022
Ursus Breweries, the largest player in the Romanian beer industry, has launched the Kozel beer brand in Romania. more
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Unirea Shopping Center Reports RON33M Book Loss For 2021 From RON5M Net Profit In 2020 05.23.2022
Unirea Shopping Center (SCDM.RO), which operates two retail centers in the cities of Bucharest and Brasov, on Monday said it registered a book loss... more
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Footwear Retailer Benvenuti Returns to Profit in 2021Footwear Retailer Benvenuti Returns to Profit in 2021 05.20.2022
Footwear retailer Benvenuti, held by Romanian entrepreneur Dan Pavel, posted almost RON123.4 milion (EUR25 million) sales in 2021, an increase of... more
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Laura Simion Takes The Helm Of Flanco’s Logistics Division 05.19.2022
Electronics retailer Flanco, the second largest player on this market in Romania, on Thursday said Laura Simion has taken over as head of its... more
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Catinvest Completes Second Stage Of Electroputere Parc Craiova Development 05.18.2022
French real estate group Catinvest has completed the second phase of the Electroputere Parc development and it will soon finalize expansion works... more
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Leroy Merlin Opens New Store In Brasov; Reaches 20 Units In Romania 05.13.2022
French do-it-yourself (DIY) retailer Leroy Merlin has opened its 20th store in Romania and the second in central city of Brasov on Friday (May 13). more
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Sphera Franchise Group Ends 1Q/2022 With RON278M Sales, Up 32% YoY 05.13.2022
Sphera Franchise Group (SFG.RO), the operator of the KFC, Taco Bell and Pizza Hut brands in Romania, said in a stock market report on Friday that... more
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Flanco Set to Expand Further Abroad 05.12.2022
Dragos Sirbu, CEO of electro-IT retailer Flanco, says the company will enter Poland, and then Germany, the Czech Republic and maybe Greece in 2022. more
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JYSK Opens Store In Bailesti; Reaches 121-Unit Chain In Romania 05.11.2022
Scandinavian furniture and home products retailer JYSK is continuing its expansion in Romania by opening a new store on Thursday (May 12) in the... more
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Poland’s CCC Hits RON661M Turnover in Romania After 33% Growth in 2021 05.11.2022
Poland’s retail group CCC, operating particularly on the footwear market, in 2021 generated RON661 million (626.7 million zlotys) turnover, up... more
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Altex Sees Turnover Rise Fivefold in One Decade 05.11.2022
Electro-IT retailer Altex saw its turnover near RON6 billion last year, after a 16% advance from 2020. The business grew fivefold in a decade. more
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Carrefour Extends Lease For Office Space In Bucharest’s Green Court Project 05.10.2022
French retailer Carrefour, present on the local market since 2001, has decided to extend its lease contract for 5,000 square meters of office space... more
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Just Eat Takeaway To Exit Romania Starting June 1, 2022 05.10.2022
Amsterdam-based food-delivery group Just Eat Takeaway, which operates food ordering and delivery platform takeaway.com, announced on Tuesday (May... more
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Clever++ Concludes Partnership With Digital Marketing Agency Gun Media 05.09.2022
Cluj-based Clever++, which developed ecommerce platforms Magento and Shopware, has concluded a partnership with digital marketing agency Gun Media... more
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Posta Romana Teams Up With Auchan Retail Romania 05.09.2022
Romania's state-owned postal operator Posta Romana (CNPR) and Auchan Retail Romania concluded a partnership to sell food and non-food products... 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?