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Korean Product Retailer K-FOOD Grows To Eight Stores In Romania
Korean product retailer K-FOOD has grown to eight stores in Romania, four of which in Bucharest, and is looking to further develop in the main cities of the country. Moreover, the founders of the business are looking at the hospitality area, as well, planning...
Luca Pretzel Shop Operator Tinervis Group Sees Profit Down 5% To RON18.1M In 2020
Tinervis Group, the operator of the Luca pretzel shop chain, posted RON124.5 million (EUR25.8 million) sales in 2020, about 7% lower than the RON133.8 million (EUR28.2 million) of 2019, Fina...
Local Grocery Store Chains Growing Faster Than International Rivals in Romania
Sales of local supermarkets, i.e. of those part of chains held by local entrepreneurs, rose 17% in May-October, which is the fastest rate of all analyzed by market research company RetailZoo...
National Pharmacy Chains Sales Down 14% in H1
The pharmaceutical market in Romania reached 8.7 billion lei in the first half of 2020, 3.9% lower than in the year-ago period, market research company Cegedim data published in the Antiobit...
One In Ten Hotel Rooms In Romania Affiliated To An International Chain
More than 7,900 hotel rooms in Romania or 10% of the total number of three, four and five-star rooms were affiliated to an international hotel chain last year, hotel consultancy Trend Hospit...
Metro Cash & Carry Wants LaDoiPasi Network to Increase to 1,400 Stores by End of 2020
The LaDoiPasi franchise, launched by Germany’s Metro Cash & Carry, currently numbers more than 1,000 stores, following 300 store openings in 2019, the company officials said. The plan is to...
Jewelry Retailer Teilor to Open Ten More Stores in Rest of 2019
Jewelry store chain Teilor, held by entrepreneur Florin Enache, already has 41 stores in the most important cities of the country and expansion continues in Romania and abroad. The store ope...
Carturesti Set To Open Its First Bookstore In Craiova
Carturesti bookstore chain of entrepreneurs Nicoleta Dumitru and Serban Radu is getting ready to open its first store in Craiova, in the Electroputere Park shopping center. The new bookstore...
Profi Overtakes Mega Image As Largest Retailer In Romania
Profi has become the largest retailer in Romania by number of stores this year, after having opened 195 for a total of almost 700, beating rival Mega Image, the previous leader in this depar...