Retail&Consumer
Luca Pretzel Shop Chain Operator Tinervis Group Makes Over RON19M Profit in 2019
Romanian entrepreneur held Tinervis Group, which operates the Luca pretzel shop chain ended 2019 with 133.8 million lei (EUR28.2 million) revenue, an increase of 31% on the previous year, ZF...
Carrefour Hires Former Uber Eats Country Manager to Develop Bringo
French-held Carrefour group, whose online operations include the Bringo delivery service and an online store, has hired Ioana Ilie-Dobre, the former country manager of Uber Eats. Uber Eats d...
Dedeman To Open Its Second Store In Prahova County
Dedeman, the largest Romanian entrepreneurial business and biggest local do-it-yourself (DIY) chain, will be opening its second store in Prahova County, in the Blejoi commune, some eight kil...
Tazz by eMAG Platform Attracts Over RON25M Investments In Last 6 Months To Develop Team, Infrastructure, Applications
The Tazz by eMAG application has attracted investments of over RON25 million over the past six months, which will be used to develop the technology segment and the infrastructure, as well as...
evoMAG Targets Nearly 20% Increase In 2020 Black Friday Sales
Online retailer evoMAG, held by entrepreneur Mihai Patrascu, expects a nearly 20% increase in sales at this year’s Black Friday sales campaign, compared with 2019, and it decided to increase...
Sphera Group Appoints Lucian Hoanca As Executive Board Chairman
Sphera Group (SFG.RO), which manages restaurants under the KFC, Pizza Hut and Taco Bell brands in Romania, appointed Lucian Hoanca to the position of Chairman of the Executive Board, on Wedn...
AFI Brasov Mixed-Use Project, Worth EUR148M, Officially Opens October 21
Israeli real estate developer AFI Europe will be officially opening the AFI Brasov mixed-use project on October 21, 2020, per a press invitation.
Fashion Retailer New Yorker Revenue Rises 13.5% to Over RON345.5M in 2019
NY’ER Romania based in Cluj-Napoca, the operator of the local New Yorker stores, posted more than 345.5 million lei (some EUR73 million) revenue in 2019, an increase of 13.5% on 2018, ZF has...
Carrefour Romania CEO: There Is Room for Romania’s Food Industry to Double
There is room for growth and even doubling of Romania’s food industry, says Jean Richard de Latour, the French executive who runs the local operations of retailer Carrefour.