Retail&Consumer
Decathlon Set to Make More Than 1 Million Bicycles in Romania in 2021
French-held Decathlon group, the leader of the local sporting goods retail, plans to have more than 1 million bicycles assembled in Romania in 2021, compared with about 860,000 last year.
Fornetti Romania Plans to Open 100 Franchised Stores in 2021
Fornetti Romania, one of the largest actors on the pastry market in the country, is looking at development opportunities through franchising especially in the big and medium-sized cities and...
Profi Promotes Dumitru Dragomir To Position Of Vice-President, Business Efficiency Manager
Supermarket and convenience store chain Profi, held by buyout investor Mid Europa Partners, has promoted the company’s Chief Financial Officer (CFO), Dumitru Dragomir, to the position of vic...
Profi Steps Up Expansion, Opens 16 Stores in February
Supermarket and convenience store chain Profi held by buyout investor Mid Europa Partners, opened 31 stores in the first two months of the year, 15 in January and 16 in February.
Holde Agri Invest Posts RON5.3M Net Profit in 2020
Holde Agri Invest (HAI.RO), a Romanian company operating farmland, on Monday reported consolidated revenue of RON46.8 million and a net profit of RON5.3 million for 2020.
PayU Romania: Romanian E-Commerce Market grows 36% in 2020, to EUR7B
The Romanian e-commerce market reached approximately EUR7 billion in 2020, 36% higher compared with 2019, data from online payment processor PayU showed Monday.
Sphera Group Reports RON2.3M Net Loss in 2020 as Pandemic Disrupts Business
Sphera Group (SFG.RO), the franchise operator of KFC, Pizza Hut and Taco Bell restaurants in Romania, reported a net loss of RON2.3 million for 2020 (excluding the impact of IFRS 16 adoption...
Carrefour Romania Appoints Julien Munch as CEO
French-held Carrefour group, which has some 370 stores on various segments of the market in Romania, has appointed Julien Munch to run its local operations.
Golden Foods Snacks Lists RON4M Bond Issue on Bucharest Stock Exchange
Golden Foods Snacks, which owns the ELMAS brand of seeds, nuts and dehydrated fruits, listed its second issue of corporate bonds on Bucharest Stock Exchange on Tuesday under the ELMAS23 tick...