Retail&Consumer
Profi Opens 80 Stores In 1H/2021; Aims To Overshoot 2,000-Unit Threshold By 2024
Retailer Profi, held by buyout investor Mid Europa Partners, has opened 80 new stores since the beginning of 2021, reaching 1,476 units across Romania.
KeysFin: Romania Beer Market Seen Hitting A New Record High, Of RON4.6B, In 2021
Romania’s beer market is seen touching a new record high, of RON4.6 billion, in 2021, per an analysis by KeysFin.
Six in Ten Romanians Would Move to Countryside in 1-2 Years, Good Internet Connection a Must
Six in ten Romanian urbanites say that the pandemic influenced or changed their opinion on living at the countryside and 62% could imagine moving to the countryside in the next one or two ye...
Happy Tour CEO Javier Garcia del Valle Buys Full Stake in Tour Operator
Happy Tour CEO Javier Garcia del Valle has acquired the full stake in the tour operator from Spanish investment fund GED Capital through his company Hey, Be Well! AG.
eMAG Preparing Its Online Version of a Supermarket
The eMAG group, the largest online retailer in Romania and one of the top actors in the region, is preparing its online version of a supermarket, several food industry executives told ZF.
JYSK Opens New Store In Pitesti; Reaches 101 Units In Romania
Scandinavian furniture and home décor retailer JYSK is continuing its expansion in Romania by opening a new store, in the town of Pitesti, reaching a 101-unit network in Romania after 14 yea...
Apex Alliance Appoints Harmen Silver as General Manager of Marmorosch Hotel
Lithuanian hotel operator Apex Alliance, which owns and operates five hotels in Bucharest, has appointed Harmen Silver as general manager of its Marmorosch Bucharest, Autograph Collection ho...
CITR Appointed Legal Administrator for Bookstore Chain Diverta
CITR, the leading insolvency practitioner in Romania, part of Impetum Group, has been appointed judicial administrator for the Diverta bookstore chain owned by businessman Octavian Radu, whi...
Enel X Romania Partners With Kaufland to Build EUR1M Photovoltaic Park
Enel X Romania, part of Enel X, the advanced energy services division of the Enel Group, is implementing a photovoltaic system for retailer Kaufland Romania in Turda, Cluj county, with an in...