Retail&Consumer
Romanian Entrepreneurs Launch Small Package Delivery Firm Memex
Romanian entrepreneur Cristian Pandel, founder of Memento Group, which includes tour operator Christian Tour, and Lucian Aldescu, founder of delivery firm Pegasus and former CEO of DPD Roman...
Aaylex Group Invests EUR15M in New Production Unit
Aaylex Group, owned by entrepreneur Bogdan Stanca, which produces and sells poultry meat under the Cocorico brand, has invested EUR15 million in a new production unit to produce all-natural...
Gramma Wines Invests EUR1M in Vineyard Tiny Guesthouses, Tasting Rooms
Gramma Wines, a Romanian winery based in Iasi, plans to invest over EUR1 million this year in eight tiny guesthouses in the vineyard and two new spaces for wine tasting and presentations.
Agroland Net Profit Quadruples to RON10.3M in 2020
Agroland Group (AG.RO), the most extensive farming store chain in Romania held by businessman Horia Cardos, reported a net profit of RON10.3 million for 2020, four times higher compared with...
Winmarkt Romania Makes Return to Growth Its 2021 Mission
The owner of the Winmarkt shopping centers has budgeted a return to growth this year after the pandemic made 2020 the most difficult year for the group operating in Italy and Romania.
Korea’s Mumuso Opens New Store in Park Lake Mall in Bucharest
Korean Mumuso brand now has four stores in Romania after having opened a new one in the Park Lake mall in Bucharest. Its other stores are in Auchan Militari, DN1 Value Center and Dambovita M...
Braiconf Braila Seeks to Relocate Factory, Sell Land to Kaufland
Romanian apparel manufacturer Braiconf Braila (BRCR.RO) plans to relocate its factory in Braila and sell the factory's 10,000-square-meter land to retailer Kaufland for over EUR7 million.
Sphera Franchise Group Sees Significant Rise in Deliveries in 2020
Restaurant group Sphera Franchise group, which holds the KFC, Pizza Hut and Taco Bell franchises in Romania, and is developing the KFC brand in the Republic of Moldova and Italy, saw its onl...
Poland's Citronex to Grow Tomatoes in Targu Jiu, Romania
Poland's Citronex group will build greenhouses to grow tomatoes in Targu Jiu, southwestern Romania, on a surface of 50 hectares, local authorities said.