Retail&Consumer
Cupio Cosmetics Reaches 18 Stores
Romanian cosmetics brand Cupio, launched by Raluca and Razvan Stefanescu in 2012, reached a network of 18 stores after a recent opening in the AFI Brasov shopping center, opened this month.
Altex Could Reach EUR1B Sales in 2020, Owner and CEO Says
Computer and electronics retailer Altex, one of the largest Romanian entrepreneurial companies, expects to reach EUR1 billion sales in 2020 after three decades in business and successfully n...
Urgent Cargus To Hire 1,000 People by Year-End
Delivery firm Urgent Cargus, the second largest in Romania, said it plans to hire 1,000 people by the end of the year for delivery and sorting jobs, of which over 700 in Bucharest, Brasov, T...
Casa Berarilor Artizani, A beer-to-go Store Concept, Opens Its 6th Franchise Unit In EUR35,000 Investment
Casa Berarilor Artizani, a new beer-to-go store concept offering over 100 types of craft beer, developed by several Romanian investors during the coronavirus pandemic, is extending countrywi...
Agroland Takes Over Avicola Mihailesti Farms
Agroland, a company developed by entrepreneur Horia Cardos, which owns a chain of supermarkets catering to farmers, has taken over egg and chicken producer Avicola Mihailesti consisting of s...
Polish Children’s Brand SMYK All for Kids To Open New Store, In Brasov, October 21
Polish Smyk Group, specialized in selling children’s products, will be opening a new store, in central city of Brasov, on October 21, reaching a 21-unit network in Romania.
Altex Opens EUR1M Store in AFI Brasov
Electronics retailer Altex will open a 1,600 sqm store in the AFI Brasov shopping center which officially opens Wednesday, October 21.
Romania’s Online Commerce Market Could Reach EUR5.5B in 2020
The electronic commerce market, one of the few industries to have developed during the pandemic, has seen 30% growth year-on-year and estimates point to EUR5.5 billion in 2020.
CBRE: Online Sales Rate May Double In Next Five Years
Online sales in Romania will continue to grow over the next five years and companies will be relying on more distribution channels, among which the internet.