Retail&Consumer
Lidl Introduces Self-Checkout System In 30 Stores; Seeks To Develop Project Due To Customer Demand
German discount grocery retailer has launched self-checkout registers in 30 of its stores in Romania. It means that a little over 10% of total units on the local market have this type of reg...
Online Retailer Vexio Aims for 25% Growth in Sales to EUR25M in 2021
Romanian-held Vexio, an online retailer of consumer goods, computer and electronics products, home and garden products and school supplies, expects a 25% increase in sales to EUR25 million t...
Fashion Retailer Marc O’Polo Opens Its First Store In Northeast Romania, Within Palas Iasi Shopping Center
Scandinavian fashion retailer Marc O’Polo has opened its first store in northeast Romania, within the Palas Iasi shopping center; the retailer already is present within Iulius Mall Cluj.
Kaufland Has EUR375M Investment Budgeted for Romania in 2021
Germany’s Kaufland group, the leader of the local retail by sales in 2019, according to the latest publicly available data, has a more than EUR375 million investment budget for this year, 25...
Toy Retailer Jumbo Sales Double In Romania YoY In 1Q/2021
The stores in Romania and Cyprus of Greek-held toy retailer Jumbo doubled their sales in the first quarter of 2021, compared with the same period of 2020.
Pharmaceutical Company USP Enters Romania
Pharmaceutical company USP, active in the over-the-counter (OTC) medicines and food supplements markets, enters the Romanian market in April, it said in a press release Thursday.
Top Gel Prod Buys Bonetta Factory in Braila
Top Gel Prod, one of the largest ice cream manufacturers in Romania, has acquired Secret Prod Braila, which makes ice cream under the brand name Bonetta.
Dedeman Opens 55th Store in Romania this Week
Dedeman, the largest Romanian entrepreneurial business and biggest local DIY chain, opens its 55th store in the country Friday, April 9, in Sfantu Gheorghe, in the proximity of the recently...
Mendeleev Office 5 Attracts Two New Tenants, Reaches 70% Occupancy
The Mendeleev Office 5 office building, developed by Akcent Development in the center of Bucharest and managed by the Asset Services team of Cushman & Wakefield Echinox, has attracted two ne...