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2016 In Review: Ten Most Important Events In Grocery Retail
This year brought more changes than the last few years taken together. A half a billion euro deal, a change of CEO and the disappearance of a store chain are but some of 2016 events on the E...
Online Computer And Electronics Retailer Ideall.Ro Close To EUR10M Sales Mark
Bucharest-based Ideal Tech, which operates the computer and electronics online store ideall.ro, saw one of the highest growth rates on the local market last year, 38%, and posted 37.5 millio...
Profi Sale, Fifth Largest In Ranking Of Private Transactions Of Last 15 Years
The sale of retail chain Profi, announced on Wednesday by Enterprise Investors, is the fifth largest in a ranking of private transactions concluded in Romania from 2000 until present.
Mid Europa Partners Buys Retail Chain Profi For EUR533M From Enterprise Investors
Polish Enterprise Fund VI, a private equity fund administered by Enterprise Investors, announced on Wednesday, in Bucharest, that it signed an agreement for the sale of 100% of the shares of...
eMag Sees 45% 9-Month Growth
Dante International, the operator of the largest local online retailer eMag, will end the year with almost 2.5 billion lei (EUR555 million) sales, an increase of more than 45% in 2015, as a...
Oscar Downstream Plans Retail And Regional Expansion
Oscar Downstream, the largest independent fuel vendor in Romania, which has built its business on sales of diesel to major commercial customers, believes it could end the year with up to 10%...
Major Private Equity Firms And Retailers Compete Over Profi Supermarket Chain
Those interested in buying supermarket chain Profi had until the end of last week to submit non-binding bids.
Farmec Plans To Grow Retail Business To 60 Stores In Five Years
Cosmetics manufacturer Farmec Cluj Napoca will reach eight stores in Romania (three Gerovital and five Farmec stores) this year, as part of the strategy to develop its own retail network, fo...
Romania, Kaufland’s Second Most Important Market In CEE
Romania has become the second most important market in Central and Eastern Europe for German-held retailer Kaufland, after beating Czech Republic by sales for the first time last year. Roman...