Reporter
Cristina Roșca
- Fields
- Companies, Retail&Consumer, Analysis
- Writing for ZF since
- 2011
- Articles
- 493
US Brand Under Armour Reaches Seven Monobrand Stores and One Outlet in Romania
Serbian group Kvantum Sport, which operates the retail and distribution of US Under Armour group in Romania, wants to cover cities with over 200,000 inhabitants in the next 3-5 years. Today,...
Former Maravet Owner Clinches Two Local Acquisitions, Announces Third in Hungary
Vetimex Capital, the investment company owned by Korponay family of Baia Mare, has finalized the acquisition of 100% in Monterovet of Bucharest and has become the co-owner, with a 50% stake,...
Mega Image Owner Ahold Delhaize Buys Profi in Romania from MidEuropa Partners for EUR1.3B
Dutch-Belgian group Ahold Delhaize, owner of Mega Image, has taken over Profi network in Romania from MidEuropa Partners, an investment fund. The deal is valued at EUR1.3 billion, the highes...
Made by Society Readies to Enter Poland, Third Foreign Market for Romanian Fashion Brand
Retailer Made by Society is readying to enter Poland with a store in the main mall of Warsaw. This will be the third foreign market for the fashion retailer, after Bulgaria and the UK.
Mid Europa Partners Seeks Buyer for Profi
Private equity fund Mid Europa Partners has mandated investment bank Citi to find a buyer for store network Profi, one of the biggest retailers locally by turnover (EUR2.4 billion last year)...
Profi Launches Private Label Laptaria Amu on Romania Dairy Market
Profi is tapping into the local dairy market with a new private label, Laptaria Amu, and hopes it reached over 10% of the network’s sales in one-two years.
Unilever Shuts Down Ploiesti Detergent Plant
Anglo-Dutch group Unilever has announced it will close, by end-2024, the powder detergent plant of Ploiesti, where it manufactured Romanian brand Dero, with the activity set to be relocated.
Romania Gambling and Betting Market Up 40% in 5 Years To RON11.7B
Romanians last year spent RON11.7 billion (EUR2.4 billion) in casinos, gambling halls, with the sum being a record high one, around 15% higher than in 2022.
Sportisimo Plans to Expand Further in Romania
Sporting goods retailer Sportisimo, present in Romania since 2015, plans to continue expanding on the Romanian market, which it deems as one of the most important for the group.
Cosmetics Retailer Douglas Set to Expand Offline Network Further
Lavinia Ivas, CEO of perfumery and cosmetics retailer Douglas Romania, says the near future will be marked by fiscal and legislative unpredictability and the company she runs is already brac...
Kuwait-based Alshaya Group Hits RON57M Sales in Romania in 2022, Up 56% YOY
Kuwait’s Alshaya group in 2022 generated turnover worth RON57 million in Romania from fashion and cosmetics, given that it operates Victoria’s Secret and Bath & Body Works franchises locally...
Romania Food Retail Undergoes New “Revolution”, with Discounters Toppling Everything
Romania’s food retail landscape is undergoing steady changes and in the past year this has again become visible as almost all formats are losing ground to discounters, which are increasingly...