Retail&Consumer
KeysFin: Sales In Food Retail Sector May Overshoot RON140B In 2021
Sales in the food retail sector are estimated at around RON130 billion in 2020 compared with sales of RON118 billion in 2019, according to a KeysFin analysis.
Sterk Plast Gets EUR2.5M State Aid to Expand Production in Medgidia
Romanian plastics producer Sterk Plast has been approved for EUR2.5 million state aid for a EUR5 million investment in expanding production bat its factory in Medgidia, southeast Romania.
eCommerce Solution easySales Seeks To Raise EUR350,000 By Selling 8.05% Of Shares
easySales, the solution of automating and centralizing eCommerce activities, founded in 2019 by Ciprian and Iulian Cazacu, will set off a financing round on May 6, through equity crowdfundin...
Fashion Retail Group Inditex Let 800 Employees Go by End of 2020
Spanish-held Inditex, the leader of Romania’s fashion retail market had 2,200 employees at the end of last year compared with some 3,000 before the pandemic, that is at the end of 2019, its...
Burger King Opens Its Seventh Restaurant In Romania
US fast food restaurant brand Buger King, brought to Romania in franchise system by Poland’s AmRest Group, is opening a new unit in Bucharest’s Victoriei Square, in the vicinity of the Roman...
Hervis Opens Store in Craiova's Electroputere Parc Shopping Center
Sporting goods retailer Hervis Romania, the local division of Austrian group Spar, will be opening a store in Craiova, within the Electroputere Parc shopping center operated by French real e...
PayU: Romanian Online Fashion Market to Top $1B by Year-End
The online fashion market in Romania will exceed the $1 billion threshold by the end of 2021, according to a report by PayU, the fintech and e-payments business of Prosus.
Kaufland Opens Hypermarket In Tarnaveni; Reaches 142 Stores In Romania
Germany’s Kaufland group, the leader of the local retail by sales in 2019, continues its expansion plans for 2021 and is opening a store in Tarnaveni (Mures County) Thursday (April 22), reac...
Altex Opens EUR3M Store in Husi, Eastern Romania
Romania's leading electronics retailer Altex continues expansion and opens a new store in Husi, Vaslui county, eastern Romania, on Thursday, following an investment of EUR3 million.