Reporter
Cristina Roșca
- Fields
- Companies, Retail&Consumer, Analysis
- Writing for ZF since
- 2011
- Articles
- 493
PwC: Romania’s M&A Market in 2021 Tops 2020 Levels By Value And Volume
Romania’s M&A (mergers and acquisitions) market in 2021 grew in terms of both value and volume against the previous year, marked by the coronavirus pandemic, stated PwC representatives, addi...
Carrefour Romania Wants to Grow along All Formats in Near Future
Jagoda Gwardys-Zientara, Carrefour Romania CFO, says the company plans to further grow along all these formats in the near future, with a clear focus on the proximity segment, through our ex...
Romania Sees Private Consumption Boom in 2021
Retail turnover, the most important private consumption indicator, in the first 10 months of 2021 rose in gross series by 11.1% against the year-earlier period, with this being the second be...
Aqua Aurum Distribution Sees 2021 Turnover Slide by 6%, to over RON1M, YOY
Aqua Aurum Distribution, the company managing mineral water brand Aur’a Mineral Water, in 2021 posted turnover worth above RON1 million, down 6% on the year.
2022 Expected to Bring Fastest Expansion So Far for Romania’s Modern Retail
2022 is expected to be the year Romania’s modern retail will witness the quickest expansion so far, with over 500 new units and investments of at least EUR1 billion.
Diverta Has Three-Pronged Restructuring Plan
Bookstore chain Diverta, which entered insolvency at its own request in mid-2021 amid the pandemic, has a restructuring plan made up of three main directions.
Romania’s Electro-IT Market Grows Further in 2021, Nearing All-Time High of EUR4.5B
Romanians in 2021 spent around EYR4.5 billion on refrigerators, TV sets, IT products, office staples or vacuum cleaners, with the market further witnessing sustained growth in the second pan...
Ambulance Maker Deltamed Set to Open New Plant in Aiud
Cluj-based ambulance and special vehicle producer Deltamed, a business controlled by four local entrepreneurs, plans to open a new production unit in Aiud (Alba County).
Nestle Wants to Hire another 170 People in Romania amid Plan to Double Turnover Locally in Next 5-10 Years
Nestle Romania, a major player on the confectionary, coffee and pet food market, wants to create 170 new jobs in the next 5-10 years on the local market.
Poland’s CCC Set to Bring HalfPrice Outlets to Romania in 2022
Poland’s group CCC is bringing in Romania in 2022 the HalfPrice brand, which will operate on the fashion outlet segment, according to market sources.
Eugen Paturan Abandons Bata Franchise, Closes Down Last 3 Stores
Footwear brand Bata exits Romania after almost two decades. The franchisee, entrepreneur Eugen Paturan, has recently closed down the last three stores.
Lagardere Travel Retail Aims to Open Some 30 New Stores, Boost Turnover by 15% in 2022
Marius Vacalau, CEO of specialized retail group Lagardere Travel Retail, says he plans moderate network expansion, of 10-15% in 2022, meaning around 30 units, with the pace set to quicken sh...