Retail&Consumer
Wipro Takes Over METRO's IT Divisions in $700M Deal
Software services company Wipro Limited will take over the IT divisions of METRO group in Germany and METRO Systems Romania.
Cosmetics Retailer Douglas Grows to 33 Stores in Romania
Perfume and cosmetics retailer Douglas, which arrived in Romania in 2007, has grown to 33 stores in the country after having opened three new stores this year.
Penny Ends 2020 with 20 New Stores, Same as Last Year
German-held discount store chain Penny has opened 20 stores this year without closing any in Romania. The company expanded at the same pace it announced a while ago and will continue do so i...
Colliers Report: Sales Of Non-Food Retailers Return To Pre-Crisis Level
Sales of non-food retailers returned to the level before the crisis generated by the Covid-19 pandemic in Central and Eastern Europe (CEE), growing on average 4%, considering that consumptio...
TED'S Coffee Opens Two Units In Bucharest In EUR175,000 Investments
Coffee shop chain Ted’s Coffee, owned by Romanian entrepreneur Vasi Andreica, continues its investments and announces the opening of two new units, in Bucharest’s Tineretului neighborhood an...
ROCA Investments Buys 20% of Artesana
ROCA Investments has acquired 20% of dairy company Artesana, owned by Alina and Daniel Donici, to support the company's development and a EUR4.6 million investment in a second factory in Tec...
Fashion Retailer C&A’s Number of Local Manufacturing Partners Down to 8 From 40 in 2016
Fashion retailer C&A, one of the largest in the world, is working with only eight partner factories in Romania, compared with 20 in 2019 and about 40 four years ago.
Supermarket and Hypermarket Chains in Romania Valued at Almost EUR10B in 2020
Local modern retail stores, about 3,500 in various formats, are valued at a little less than EUR10 billion (46 billion lei) in 2020, 21% higher than in 2019.
Altex Opens EUR1M Store in Bucharest
Romania's leading electronics retailer Altex announced the opening of a new store in Bucharest following an investment of EUR1 million.