Reporter
Cristina Roșca
- Fields
- Companies, Retail&Consumer, Analysis
- Writing for ZF since
- 2011
- Articles
- 493
Cosmetics Maker Cahm Europe Budgets 37% Growth for 2024
Cahm Europe, a Romanian producer of cosmetics particularly destined to hotels and the hospitality industry, has for 2024 budgeted RON41 million turnover, around one third higher than in 2023...
Foreign Remittances Hit Record High of EUR6.5B in 2023, Matching FDI
In 2023, Romanians working abroad sent home EUR6.5 billion, EUR350 million more than in 2022. By comparison, foreign direct investments plunged, from over EUR11 billion in 2022, to just EUR6...
Giant EssilorLuxottica Enters Romania via Acquisition of OptiBlu and Optiplaza Stores
Investment fund Innova Capital has sold Optical Investment Group, a leading retail of optical eyecare and eyewear products in Romania, which includes retail operations (OptiBlu and Optiplaza...
Cosmetics Retailer Viorica Ends 2023 with almost RON11M Turnover, Double 2022 Level. Losses also Double To RON5M
Viorica Cosmetic Romania, a cosmetics producer of the Republic of Moldova, with 12 own brand stores locally, ended 2023 with turnover of almost RON11 million, double the 2022 level. However,...
Pretzel Shop Chain Luca Operator Tinervis Group Ends 2023 with RON526M Turnover, Up 43% YOY
Pretzel shop chain Luca has in less than 15 years reached turnover of half a billion lei (RON526 million in 2023) after fast growth supported by expansion on the one hand, the network compri...
Germany’s Rewe Wants to Bring Drugstore Brand BIPA to Romania
German group Rewe wants to bring drugstore brand BIPA to Romania, according to ZF sources.
Braiconf Calls on Romania Govt to Save Local Textile Industry
Braila-based apparel manufacturer Braiconf is asking the government to act to save Romania’s textile industry, which is losing annually hundreds or even thousands of plants.
Detergent Producer Misavan Set to Open New Plant in EUR10M Investment
Iasi-based cleaning goods producer Misavan, controlled by entrepreneur Ciprian Otea, has completed works for a new plant, an over EUR10 million investment.
Poland’s LPP Reaches 190 Stores, RON1.6B Turnover in Romania
Polish fashion group LPP reached RON1.6 billion turnover in Romania last year, up 12.5% from 2022.
Owner of Villa Vinea Winery Becomes Major Shoe Producer in Romania
Italian entrepreneur Heiner Oberrauch, known locally for owing Villa Vinea winery of Mures county, is also a major player in Romania footwear production. Via Italian company Ober Alp S.P.A.,...
Farmec Readies Ground for New Plant
Cluj-based cosmetics producer Farmec is readying to start works for the new plant, where it will relocate its activity.
Beko Romania Reports RON3.4B Turnover in 2023, Down 10% from 2022, Switches to Profit
Beko Romania, the former Arctic, the largest electrical home appliances producer locally, for 2023 reported turnover worth RON3.4 billion (EUR685 million), around 10% lower than in 2022. How...