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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Restart Energy To Carry Out Solar Energy Project Worth Over EUR500,000 For Cottontex 05.05.2022
Restart Energy, one of the largest independent energy suppliers on the Romanian market, on Thursday said it signed a contract worth over EUR500,000... more
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Retailer Paco Supermarket Sees 2021 Turnover Rise by 17.6% to EUR34M 05.05.2022
Supermarket network Paco of Vrancea, a major Romanian player in the local food retail, posted 17.6% higher turnover in 2021, to EUR34 million. more
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Cegedim: Romania Medicine Market Grows 22% To RON22.2B In April 2021-March 2022 Period 05.04.2022
Romanians bought medicines worth RON22.2 billion (EUR4.51 billion) in the period April 2021 – March 2022, at wholesale prices, 22.6% more than in... more
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Primark To Open New Store, In Bucharest’s AFI Cotroceni Shopping Center 05.02.2022
Irish fashion retailer Primark, famous for its large format stores and low pricing strategy, will be opening a new store, within Bucharest-based... more
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KeysFin: Romanian Food Retail Sales May Overshoot RON142 Billion In 2021 04.21.2022
KeysFin analysts expect food retail sales in Romania to exceed the RON142 billion threshold in 2021, due to increased demand and to elevated... more
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Cosmetics Chain Douglas Set to Open Three New Stores in Romania 04.18.2022
Perfumery chain Douglas, which entered Romania in 2007, continues its expansion in the country and opens three new stores outside Bucharest, in... more
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Association: Romanian Furniture Industry Left With Fewer Than 55,000 Employees In 2021 04.18.2022
The number of employees in the Romanian furniture industry continued to decrease in 2021, although at a more moderate pace compared to previous... more
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Freshful by eMAG Reaches Eyes Investments Of Over EUR10M In Next Two Years 04.15.2022
Freshful, an online hypermarket recently added to eMAG’s e-commerce platform group, has exceeded the threshold of 30.000 unique customers in the... more
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Penny Net Profit Surges 44.8% YoY To RON123M In 2021 04.14.2022
German-owned discount store chain Penny on Thursday said it ended 2021 with a turnover of RON5.39 billion, up 14% from 2020, and a net profit of... more
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Bonapp.eco Expands To Cluj-Napoca 04.14.2022
Bonapp.eco, a mobile application that aims to combat waste by connecting consumers with retailers that sell food and beauty products which are... more
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Blue Air To Launch 11 New Routes From Iasi Airport In Summer 2022 04.13.2022
Airline Blue Air on Wednesday said it would launch 11 new routes in the summer of 2022 and it would also open a new base in Iasi (north-eastern... more
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Dedeman Founders Buy 30% Stake In Tei Group 04.12.2022
Paval Holding, founded by Dragos & Adrian Paval brothers who established do-it-yourself (DIY) retailer Dedeman, acquired a 30% stake in Tei Group... more
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DIY Brick Romania Sets Off Installation Of Solar Panels On Its Own Stores 04.12.2022
Brick Romania, a local DIY and home improvement retailer based in Constanta, is readying a project aimed at implementing photovoltaic (PV) panels... more
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Delivery Platform Bringo Sees Order Numbers Rise by 50% in 2022 YOY 04.11.2022
Delivery platform Bringo, controlled by French group Carrefour, expects the number of orders to surge by over 50% this year against 2021, says... more
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Romania Beer Market Remains Stable In 2021 04.06.2022
Romania’s beer market remained stable in 2021, with a 0.7% decrease by volume to 16.6 million hectoliters, the Romanian Brewers Association said... more
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eMAG Wants Freshful to Grab 10% Share of Food Retail in 10 Years 04.05.2022
eMAG, the biggest player in Romania’s online retail, wants Freshful, the group’s project in the field of food retail, to come to a 5% market... more
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Sensiblu Gets Antitrust Clearance To Acquire Five Eva Medical Pharmacies 04.04.2022
Romania’s Competition Council on Monday said it approved a transaction whereby pharmacy chain Sensiblu plans to acquire five drugstores belonging... more
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Opus Land Development To Invest EUR30M In Developing Cosmopolis Project In 2022 04.04.2022
Opus Land Development, the developer of Cosmopolis residential compound, will invest EUR30 million in 2022 in the construction of approximately 500... more
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Kaufland Set to Open New Stores, Continue Refurbishment Investments in 2022 04.01.2022
Valer Hancas, communications and corporate affairs manager at Kaufland Romania, says the company has opened five stores since early 2022 and is set... more
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Ecommerce Platform Gomag Sees Revenue up to Over EUR2M in 2021 03.28.2022
Romanian e-commerce platform Gomag recorded more than EUR2 million revenue at the end of 2021, up by about 45% compared with the previous year, and... 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?