Retail&Consumer
Marius Alexe Raises Stake in Dairy Producer Bonas to 5.25%
Investor Marius Alexe, 38, has raised his holding in dairy producer Bonas Import Export (BONA.RO) to over 5%, the company said in a stock market report Thursday.
Mega Image Appoints Romanian Executive CFO, Replaces Expat
Grocery retailer Mega Image has appointed Romanian executive Razvan Munteanu chief financial officer, replacing Hadewych Vermunt, who will be joining Delhaize Le Lion, Belgium, on a similar...
Ropharma Seeks to Sell Land in Iasi for EUR2M
Pharmacy chain Ropharma (RPH.RO), owned by Mihai Miron, summoned shareholders for August 10 to approve the sale of a land plot in Iasi for RON2.02 million plus VAT.
Latvia's Food Union Reaches 96% Holding in Romanian Ice Cream Maker Alpin 57 Lux
Food Union, a Latvian food manufacturing and wholesale group, has reached a holding of 96% in Romanian ice cream maker Alpin 57 Lux based in Alba county, Confidas.ro data showed.
eMAG Gets Syndicated EUR37.55M Loan from Raiffeisen Bank, EBRD for Logistic Park
Raiffeisen Bank and the European Bank for Reconstruction and Development (EBRD) will extend a syndicated loan totaling EUR37.55 million to Romanian retailer eMag, under an agreement signed T...
Superbet Opens Flagship Agency in CityGate Office Project in Bucharest
Superbet, the largest sporting bets operator in Romania, with over 1,000 agencies across the country, has opened a new location within the City Gate project in Bucharest in a transaction ass...
Mega Image Sales Up 9% to RON7.2B in 2020
Grocery retail chain Mega Image ended last year with RON7.2 billion sales, an increase of almost 9% on 2019, driven by both offline expansion by almost 90 stores and the growth of the online...
Retail Pharmacy Chain Ducfarm Sales Up 15% to RON255M in 2020
Retail pharmacy network Ducfarm in Cluj posted RON255 million sales in 2020, an increase of 15% year-on-year, ZF has calculated from Finance Ministry data.
Oracle Acquires Romanian Food Ordering Start-up Gloria Food
US giant Oracle has acquired Romanian online food ordering start-up Gloria Food, funded in 2013 by German entrepreneur Oliver Auerbach and Romanian entrepreneur Mihai Anghel.