Reporter
Cristina Roșca
- Fields
- Companies, Retail&Consumer, Analysis
- Writing for ZF since
- 2011
- Articles
- 493
Local Rolex Importer Chronolink Doubles Turnover in Pandemic to RON70M
Chronolink, the sole importer of Rolex brand in Romania, last year hit turnover worth a little above RON70 million, up 70% from 2020 and double the 2019 level, in line with ZF calculations b...
Private Labels Came to Weigh 15% in Total Consumer Goods Sales in 2021, Up 15% on 2020
Private labels at end-2021 came to hold a 15.1% market share of overall consumer goods sales, after a 15% increase against 2020, reveals an analysis by market research firm Nielsen.
Profi Set to Keep 2021 Investment Budget, but Open Fewer Stores
Calin Costinas, deputy CEO of Profi, says the company will in 2022 slow down the pace of new unit openings, but step up the pace of existent unit refurbishment.
Mega Image Set to Continue Expansion
Mircea Moga, CEO of retailer Mega Image, believes that in 2022, despite the inflationary pressures, food retail will continue to grow and in this context the company will also expand further...
Mobexpert Set to Open New Stores, Develop New Products, Expand B2B Services in 2022
Mobexpert, a major player on Romania’s furniture market, with both production and retail activities, plans to open new stores, develop new products in its own plans and expand B2B services t...
Ivatherm Finds New Partners in Iraq and UAE
Romanian dermocosmetics producer Ivatherm has found new partners in Iraq and UAE amid the war in Ukraine.
Romania Country Brand Valued at $178B, up 11% from 2020
Romania’s country brand is worth $178 billion, 11% more than in 2020, reveals a report by Brand Finance, a global independent brand valuation firm.
Italy’s Moncler Set to Invest EUR10M to Expand Romanian Operations
Italy’s fashion group Moncler, active on the luxury segment, plans to develop a new plant in Romania, where it will hire 300 people, and also to build a kindergarten for employees’ kids. Tot...
Arctic Sales Up around 5% in 2021
Arctic sales in Romania increased by around 5% in 2021, after a difficult 4Q, in the red.
Prada Buys 20% in Romanian Factory
Luxury giant Prada has become the sole owner of Hipic Prod Impex footwear plant of Sibiu, Romania, after buying the 20% stake from local entrepreneur Andreea Sabau.
Equity Value of Romanian METRO Branch Is EUR225M
The Romanian equity of Germany’s group Metro is valued at EUR225 million, in line with data presented in a company report.
Altex Weighs Expansion Abroad
Altex, leader of Romania’s electro-IT market, a business controlled by businessman Dan Ostahie, is readying to take its first steps outside Romania.