Retail&Consumer
Romania Retail Sales Grow 13.3% on Month in March
Retail sales in Romania, excluding vehicle sales, grew 13.3% on the month in March and by 2.3% when adjusted for seasonality and number of working days, data from the country’s statistics in...
DS Smith Invests EUR11M in Zarnesti Paper Mill to Limit Environmental Impact
British paper packaging producer DS Smith will invest EUR11 million in the next two years at its paper mill in Zarnesti, central Romania, to reduce the factory's environmental impact.
CBRE: Industrial Space Leasing Grows 43% in 1Q
Total industrial leasing activity in Romania grew 43% on the year in the first quarter, to 264,400 square meters, real estate consultancy company CBRE said in a report.
Altex Invests EUR1M in Remodeling Two Stores in Bucharest and Brasov
Altex, Romania's leading electronics retailer, said Wednesday it has invested over EUR1 million in remodeling and upgrading two stores, in line with its expansion and modernization plan that...
Retail Pharmacy Chain Catena Sales Flat at Over RON4.7B in 2020
Retail pharmacy network Catena, the largest actor in pharmaceutical retail in Romania, posted more than RON4.7 billion sales in 2020, the first year of the COVID-19 pandemic.
Zentiva Group Reports RON1.05B Sales in Romania in 2020
Generics manufacturer Zentiva Group on Thursday reported sales of around RON1.05 billion in Romania in 2020, of which its factory in Bucharest generated RON558 million, 1% lower than in 2020...
Eyewear Retailer Videt Sales Surge 80% to RON12M in 2020
Eyewear retailer Videt posted RON12 million sales in 2020, an 80% increase year-on-year, and expects sales to at least double this year, says founder Alexandru Alecu.
Mozaik Investments Buys Into Flavours Group, Invests in Expansion
Venture capital fund Mozaik Investments, with regional focus, has bought into Flavours Group, which includes the Stradale restaurant chain, and has a EUR5 million expansion plan.
Procter & Gamble Opens Second Factory in Urlati, Prahova
Procter & Gamble Romania (P&G) inaugurates its new factory in Urlati, Prahova, where it will produce laundry detergent pods, creating over 200 new jobs.