Retail&Consumer
Agroland Agribusiness Takes Steps Towards IPO, Corporate Bond Issue
Agroland Agribusiness, part of Horia Cardos' Agroland Group, will change its status from a limited liability company to a joint-stock company, group shareholders decided Thursday.
eMAG Reaches Total Investments Of Over EUR150M In Joita Locality, Near Bucharest
Online retailer eMAG reached total investments of nearly EUR155 million in Joita locality, Giurgiu County, along with its project that targets the construction of a logistic hub of 130,000 s...
Metro Cash & Carry Set To Grow LaDoiPasi Franchise Store Chain Up To 2,000 Units In Three Years
Germany’s Metro no longer wants to open own stores, but is set to rather expand the franchised LaDoiPasi store chain. Currently, the store chain consists of over 1,400 units.
Fashion Platform Zalando Seeks to Expand to Romania, Hungary in 2022
European fashion platform Zalando plans to expand to Romania and Hungary in 2022, after tapping new markets in Croatia, Estonia, Latvia, Lithuania, Slovakia and Slovenia in 2021.
Auchan, Decathlon Test Shop in Shop Concept in Romania
French retail groups Auchan and Decathlon will be testing their shop in shop concept in Romania, as Decathlon will sell some of its products in dedicated areas within Auchan hypermarkets.
Top Five Grocery Retailers in Romania Headed for 82% Market Share by 2024
The fight for the top position in the modern grocery retail in Romania is becoming tighter, and the biggest actors are growing constantly and becoming bigger. The most powerful five groups –...
Developer Oasis Retail Gets EUR9M Loan from OTP Bank for Retail Park
Real estate developer Oasis Retail Development & Consulting, owned by Klaus Reisenauer and Kurt Wagner, has taken a EUR9 million loan from OTP Bank to build a 60,000-square-meter retail park...
Moara Cibin Sibiu Invests EUR330,000 in Solar Panels
Electricity and natural gas group E.ON Energie Romania, part of German utility group E.ON, said Friday it has completed a EUR330,000 solar panel installation project for Moara Cibin Sibiu.
Lego Romania Sees Double-Digit Growth in Sales in 2020
The surge in demand for toys in 2020 as the pandemic kept people indoors led to a rise in the sales of the companies in this business, and Lego even posted 13% growth globally, the company’s...