Reporter
Cristina Roșca
- Fields
- Companies, Retail&Consumer, Analysis
- Writing for ZF since
- 2011
- Articles
- 493
UAE’s Al Dahra Seeks New Acquisitions, Looks at Transavia
UAE’s Al Dahra is wooing businessman Ioan Popa for a potential acquisition of Transavia after China’s Smithfield withdrew from the process, according to several market sources.
City Grill Has Three Boutique Hotels Underway
City Grill group, particularly known for the restaurant network it operates, plans to invest EUR10 million this year, with the money mainly aimed at the development of three boutique hotels.
BlackPeak Capital Aims to Invest up to EUR40M in Romania on Medium Term
Private equity fund BlackPeak Capital, founded in 2014 in Bulgaria, wants to make another portfolio investment in Romania this year after the investor completed a bolt on acquisition locally...
2022 Price Hikes Erode Romanians’ Purchasing Power, but Not Companies’ Profits
2022 soaring prices, from energy to food and from travels to transport, slashed Romanians’ purchasing power, but not companies’ gains. And this during a period when talk about greedflation i...
Kaufland Aims to Open at least 10 Stores in Romania in 2023-2024 Financial Year
Hypermarket chain Kaufland, owned by German group Schwarz, has budgeted at least ten new stores for the 2023-2024 financial year (starting on March 1 and ending on February 28 next year) aft...
Romanian Retailer La Cocos Opens Third Hypermarket, Hits RON713M Turnover in 2022, Up 30% YOY
Local retailer La Cocos, controlled by entrepreneur Iulian Nica, in 2022 boosted its turnover by around 30%, twice as fast as inflation, with the company’s sales reaching RON713 million.
Grocery Retailer Annabella Buys Best Market Network
Store network Annabella, controlled by Mutu family, has taken over the Best Market chain from entrepreneur Ion Soloman, in one of the biggest deals in food retail and also the most important...
Versuni Romania Budgets RON460M Turnover for 2023, Flat from 2022
Versuni Romania, the former Philips Domestic Appliances Romania, aims to reach turnover of almost RON460 million from the import and distribution of home appliances.
Fratelli Group Budgets RON85M Turnover in 2023, up 8% YOY
Restaurant and club group Fratelli, launched on the market 18 years ago, has for 2023 budgeted RON85 million turnover, up 8% on the year, and RON10 million profit.
Cosmetics Retailer Douglas Expands to Arad, Craiova and Alba Iulia
Cosmetics retailer Douglas will open three new stores by yearend, cementing its footprint in some cities it is already active in, such as Arad and Craiova, but also launch in a new city, Alb...
Farmec Cluj Earmarks RON13M for Investments in 2023, Double 2022 Level
Farmec Cluj, Romania’s biggest cosmetics maker, has budgeted RON13 million investments for 2023, mainly aimed at production, but also at own retail.
Versuni Group Set to Invest RON75M in Orastie Coffee Machine Plant
Netherland’s Versuni group, the former Philips Domestic Appliances, will invest RON75 million this year to develop the plant of Orastie, Hunedoara, where the company mainly produces coffee m...