Reporter
Cristina Roșca
- Fields
- Companies, Retail&Consumer, Analysis
- Writing for ZF since
- 2011
- Articles
- 493
Cora Set to Retrofit All Hypermarkets in Bucharest and One in Constanta
Cora retailer, the smallest player in the local food retail field by the number of stores and turnover, is remodeling its hypermarkets of Bucharest and one of Constanta, downsizing them and...
Fashion Brand Orsay Shuts Down All Units in Romania
French fashion brand Orsay has shut down all its physical stores in Romania, together with the online one, with part of the company’s products being now available on the online platform abou...
Mega Image Set to Open 75 New Units, Retrofit Another 57 In 2022
Dutch-Belgian retailer Mega Image, which owns over 920 supermarkets and proximity stores in Romania, will expand further domestically, adding 75 new stores, with another 57 units set to be r...
Romania’s 2021 Wine Exports Reach 17,4 Million Hectoliters, Just 4% of Total Production
Romania last year exported 17.4 million liters of wine as total production stood at 4.5 million hectoliters (450 million liters). This means exports weighed below 4% of total wine production...
Germany’s ara shoes Lays Off 550 Employees, See Turnover Plummet to Just EUR1M in 2021
ara shoes Romania, which operates the German group’s production locally, in 2021 generated turnover of RON6.4 million (EUR1.3 million), down 96% from 2020, when the business had already plun...
Romania, Ever More Visible for M&A Market Investors
2021 was the best of the past five years for Romania’s M&A market in terms of the number of sealed deals.
Nestle Goes Beyond RON1B Turnover Threshold in 2021 after Two-Digit Growth
Nestle’s turnover in Romania last year topped the RON1 billion threshold for the first time after sales rose by 10.5% vs 2020, in line with ZF calculations based on company data.
De’Longhi Set to Develop Coffee Machine Plant in Satu Mare
Home appliances maker De’Longhi bought a plant in Satu Mare, where it is set to produce coffee machines.
Coca-Cola HBC Romania Set to Invest EUR8M in Ploiesti Plant
Coca-Cola HBC, the biggest beverage bottler in Romania, is set to get EUR3.5 million in state aid for a EUR8 million investment project envisaging the installation of a PET flake decontamina...
Poland’s CCC Hits RON661M Turnover in Romania After 33% Growth in 2021
Poland’s retail group CCC, operating particularly on the footwear market, in 2021 generated RON661 million (626.7 million zlotys) turnover, up 33% from 2020.
Altex Sees Turnover Rise Fivefold in One Decade
Electro-IT retailer Altex saw its turnover near RON6 billion last year, after a 16% advance from 2020. The business grew fivefold in a decade.
H&M Romanian Operations Return to Growth in 2021
Fashion retailer H&M, which owns in Romania the brand of the same name and premium brand COS, in 2021 generated turnover of almost RON850 million in Romania, up 25% from the previous year.