Retail&Consumer
Sportisimo Romania Plans to Double Store Chain in Five Years
Sporting goods retailer Sportisimo seeks to double its retail chain in Romania over the next five years, following the good results of the already operational stores.
Apemin Tusnad Sales Grow 6% in 2020, Profit Up 28%
Apemin Tusnad, one of the largest water bottlers in Romania, had a turnover of RON67 million in 2020, 6% higher than in 2019, while its profit grew 28%, to over RON14 million.
Whirlpool Expects 10% Growth in Turnover in 2021 after 15% Decline in 2020
Home appliances manufacturer Whirlpool expects its turnover in Romania to grow by at least 10% this year after experiencing a 15% decline in 2020.
Continental Hotels Chain to Remodel Four Hotels for EUR6.85M
Continental Hotels, a Romanian hotel chain owned by businessman Radu Enache, announced it was investing EUR6.85 million in remodeling four hotels and rebranding them as Continental Forum and...
Toy Retailer Jumbo Sees 14% Growth to RON826M Sales in Romania in 2020
Greek-held toy retailer Jumbo posted RON826 million sales in 2020, 14% higher than in 2019, Finance Ministry data show. Its profit stood at RON201 million last year.
DIY Retailer MAM Bricolaj to Open Two New Stores in Brasov and Iasi by Yearend
Construction material retailer MAM Btricolaj will open two new stores in Brasov and Iasi by yearend.
Ferrero Extends Office Space in Globalworth Tower in Bucharest
Italian chocolate producer and confectionery company Ferrero is extending its office space rented in the Globalworth Tower building in Bucharest starting September.
tazz by eMAG Sales Grow Over 13-Fold In 2020 After RON26M Investments
tazz by eMAG delivery platform (the former online food delivery platform Eu¬CeMananc) saw its sales growing over 13-fold in 2020, following investments of RON26 million in technology and del...
Farmexim-Help Net Group Turnover Grows 12% in 2020, to EUR734.2M
Farmexim-Help Net group, part of German Phoenix Group since 2018, ended 2020 with a turnover of EUR734.2 million, 12% higher compared with 2019.