Retail&Consumer
Terapia, Farmec Team Up to Produce Hand Sanitizer
Romanian cosmetics manufacturer Farmec Cluj will make its packaging lines available to medicine producer Terapia Cluj for the manufacturing of hand sanitizer.
McDonald’s Seeks To Hire Over 1,000 People At Its 88 Restaurants In Romania
Premier Restaurants Romania, which operates McDonald’s restaurants in Romania, is starting a recruitment campaign across the country, offering over 1,000 jobs in 27 cities and towns in which...
Agroserv Mariuta Debuts with RON111M Stock Market Cap
Shares of Agroserv Mariuta (MILK.RO), the dairy processor of Laptaria cu caimac, started trading Friday on the Bucharest Stock Exchange AeRO market, reaching a stock market capitalization of...
Lego Romania Sees 2020 Profit Up 19% to RON3.1M
Denmark’s Lego posted RON117 million sales in Romania in 2020, 13% higher than in 2019, as well as RON3.1 million profit, Finance Ministry data show.
Footwear Retailer Benvenuti Targets 13% Increase In Turnover To RON110M In 2021
Footwear retailer Benvenuti, held by local entrepreneur Dan Pavel, targets a turnover of RON110 million (EUR22.5 million) in 2021, up nearly 13% on the year, per calculations by Ziarul Finan...
JLL: Resilience in Consumer Spending Raises Investor Appetite in Grocery Real Estate
The European grocery retail real estate market has remained resilient in the face of economic uncertainty, as the COVID-19 pandemic provided new opportunities for growth and increased invest...
Discount Store Chains See Record Sales of EUR3.5B in Romania in 2020
Discount grocery retail chains had their best year in Romania in 2020, posting sales of more than EUR3.5 billion with more than 550 stores, 60 of which newly opened, ZF has found.
Artesana Gets CEC Bank Financing for Its EUR5M Factory
Romanian lender CEC Bank will be financing the construction of a new factory built by local dairy producer Artesana in a EUR5 million investment.
Cora Sales Shrink 5.5% to RON1.6B in 2020
Retail chain Cora ended last year with RON1.6 billion sales, 5.5% lower than in 2019, ZF has calculated from publicly available data. The decline came amid the pandemic but as ZF found, Cora...