Retail&Consumer
Entrepreneur-Owned Grocery Retailers End 2020 with 10% to 20% Growth
Entrepreneur-owned grocery retail businesses ended the first year of the pandemic with growth of 10% to more than 20%.
Alka Targets RON260M Sales in 2021 after Production Capacity Boost
Alka Trading, which manufactures Alfers wafers and Toortitzi crackers, had a turnover of RON231.5 million in 2020, up 2% on the year, and targets 12% growth in sales this year, to RON260 mil...
Kaufland Opens New Store in Timisoara, Reaches 143 Units in Romania
German retailer Kaufland is opening its fifth hypermarket in Timisoara, western Romania, reaching a national network of 143 units.
British American Tobacco Turnover Grows 5.8% in 2020, to RON11.3B
British American Tobacco (Romania) Trading, BAT group's biggest company locally, had a turnover of RON11.3 billion in 2020, 5.8% higher than in 2019, finance ministry data showed.
Sportisimo Launches New Store Concept In Romania, Reaches 35 Units Locally
Czech sporting goods retailer Sportisimo, which has been operating on the local market for three years, has chosen the Mega Mall shopping center in capital Bucharest to launch a new store co...
Help Net Sales Grow 22% in 2020, to RON978M
Help Net, the third leading pharmaceutical retail chain in Romania by number of units, reported sales of RON978 million in 2020, up 22% compared with 2019.
Bosch Posts Consolidated Sales of RON2.2B in Romania in 2020 Fiscal Year
Germany’s Bosch Group registered consolidated net sales of nearly RON2.2 billion (EUR448 million) in Romania in the fiscal year 2020, up 3% compared with 2019.
Furniture Maker Ecolor To Invest RON28M in Boosting Capacity
Furniture manufacturer Ecolor, owned by Swedish company Gyllensvaans Möbler and general manager Carl Widell, plans to invest RON28 million in 2021 in raising production capacity and automati...
Symmetrica Doubles Profit in 2020, to RON17M
Paving stone manufacturer Symmetrica of Suceava, owned by the Stanciu family, posted a turnover of RON162.2 million in 2020, up 19% on the year, and doubled its profit to RON17.1 million, fi...