Retail&Consumer
School Start Leads to 19% Growth in FMCG Sales
Sales of fast-moving consumer goods varied a lot from week to week in Romania in the first nine months of the year, depending on the latest developments on the market, the steps taken by the...
Sphera Group Appoints Calin Ionescu as CEO for Three Years
Sphera Group (SFG.RO), which manages restaurants under the KFC, Pizza Hut and Taco Bell brands, on Friday announced it has appointed Calin Ionescu as chief executive officer.
Meron Coffee Shop Chain To Open New Unit, In Brasov; Reaches 17 Units In Romania
The Meron coffee shop chain, founded in 2015 by Bogdan Ciocian in Cluj Napoca, will be opening a new coffee shop, in central city of Brasov, on October 10, following an investment of over EU...
Ropharma Pharmacy Chain Posts 15-Fold Lower Consolidated Net Profit, Of RON147,800, In 1H/2020
Ropharma (RPH.RO), a pharmacy chain indirectly owned by entrepreneur Mihai Miron, ended the first half of 2020 with a consolidated net profit of RON147,800, 15-fold lower than the net result...
Flanco Launches Pick-up In Store Service
Flanco Retail, one of the largest players on the local electro-IT market, introduces the pick-up in store service across Romania, which entails the delivery of products ordered online in any...
MOL Romania Invested $200M Locally in 25 Years
MOL Romania, part of Hungary’s oil group MOL, invested approximately $200 million in organic expansion and modernization of its retail network since entering the local market 25 years ago.
Romania Retail Sales Decline 1.2% on Month in August
Retail sales in Romania dropped 1.2% on the month in August and 1.6% when adjusted for seasonality and number of working days, as sales of non-food items dropped 2.6% and fuel sales dropped...
Elvila Returns to Profit in 1H/2020
Furniture producer Elvila (ELV.RO), owned by businessman Viorel Catarama, ended the first half of 2020 with a net profit of RON3.45 million, compared with a loss of RON1.5 million in the sam...
Toy Retailer Jumbo Sees First Half Sales Growth Only in Romania
Greek-held Jumbo, the largest toy retailer in Romania, posted EUR53.7 million sales in the first half, an increase of 3% on the year-ago period, ZF has calculated from the company’s financia...