Reporter
Cristina Roșca
- Fields
- Companies, Retail&Consumer, Analysis
- Writing for ZF since
- 2011
- Articles
- 493
Cramele Recas Mulls Smaller Winery Acquisition
Ciprian Rosca, commercial manager of Cramele Recas group, says the wine producer considers acquiring a smaller winery for development.
Private Labels Likely to “Bite” EUR1-2B from Major Brands’ Sales in 2022 Alone
Private labels developed by retailers, ever more present on shelves in recent years, are likely to “steal” sales of EUR1-2 billion from major brands in 2022, as Romanians are ever more parsi...
Grocery Retailer Annabella Wants to Step Up Expansion in Late 2022
Alexandru Soacate, deputy CEO of retailer Annabella, says the company has opened two units so far in 2022, but it wants to step up the pace and reach 10-15 opened units by yearend.
Turkish Group Sunman Takes Over Toy Group Noriel
Turkey’s Sunman group, with activities in the field of toy retail, distribution and production, has acquired Noriel, a Romanian company in the same field, from investment fund Enterprise Inv...
Cosmetics Producer Farmec Budgets RON9M Investments in 2022, Up 45% YOY
Cosmetics producer Farmec Cluj has earmarked RON9 million for investments in 2022, 45% more than in 2021, in line with ZF calculations based on company data.
City Grill Aims to Invest RON24M in 2022, 3-4 Times More than in 2020 and 2021
Restaurant group City Grill has a RON24 million investment budget for 2022, 3-4 times bigger than in 2020 and 2021, marked by the Covid-19 pandemic, which pummeled the hospitality industry.
Hervis Romania Retrofits Stores, Set to Open Unit in Slatina
Hervis, a major player in sporting goods retail, with a network of around 40 units, has refurbished two stores since the start of 2022 and is remodeling a third one. The company is also due...
Selgros Set to Focus on Store Retrofitting in 2022
Selgros will not open any new units this year, with the company’s investments set to be directed to retooling the existent stores.
Franke Romania Earmarks RON2.5M Investments for 2022, Double the 2020 Level
Franke Romania, the local subsidiary of the Swiss group of the same name, has budgeted RON2.5 million investments for this year, almost double the 2020 level and 42% higher than the 2021 one...
Pepco Nears 400 Stores and RON2B Turnover in Romania
Polish discounter Pepco has reached a 285-unit network in Romania, making the local market the second most important for the retailer after the country of origin, Poland.
Vagabond Studio/Made by Society Set to Focus on Europe
Darian Vicol, co-founder of Vagabond Studio/Made by Society, one of the most powerful Romanian fashion brands by sales and store network size, says that in the coming period the company is g...
Restaurant Chain Mesopotamia Aims to Double Turnover To RON200M in 2022
Restaurant chain Mesopotamia has budgeted RON200 million turnover for 2022, almost double from 2021.