Retail&Consumer
Wirecard Sells Romanian Operations to SIBS
Insolvent German electronic payment processor Wirecard has sold all sold all shares in Wirecard Romania SA to the leading European payment service provider SIBS.
Hornbach Invests EUR28.5M In Its Seventh Store In Romania, In Oradea
Germany’s do-it-yourself retail chain Hornbach has recently invested EUR28.5 million in its seventh store in Romania, which will be inaugurated Wednesday (Sept 30) in the north-western city...
Kaufland Opens Its Third Store In Republic Of Moldova
German-held discount retailer Kaufland, the leader of the local grocery retail by sales, has opened its third store in the Republic of Moldova, in the northern locality of Balti.
Early Game Ventures Invests in Agricultural Tech Start-Up
Early Game Ventures (EGV), an early-stage venture capital firm announced Thursday it has invested in Meshine Tech, a start-up working on a platform analyzing data collected from agricultural...
Murfatlar Wineries Up for Sale by Judicial Liquidator
The assets of bankrupt winemaker Murfatflar are up for sale by judicial liquidator at a starting price of EUR10 million for the winery and EUR3 million for its 370 hectares of vineyards.
Hornbach To Open Seventh Store in Romania Soon
Germany’s DIY retail chain Hornbach will open its seventh store in Romania in Oradea on September 30, creating 120 jobs in the process.
Computer and Electronics Retailer Rombiz Bets on Small and Medium-Sized Cities
Computer and electronics retailer Rombiz has about 40 stores in mostly small and medium-sized cities like Urziceni and Horezu, where there is less competition, the corporate website says.
Kaufland Enters New Market Segment With New Premium Store Format
German-owned discount retailer Kaufland is entering a new market segment, with the opening of a premium store format, in northern Bucharest.
Italian Artisanal Ice Cream Brand La Romana Opens First Gelato Shop In Bucharest In EUR350,000 Investment
Italian artisanal ice cream brand La Romana, brought to Romania by telecom retailer Arsis, is starting to expand in franchise system, and the first gelato shop was opened within AFI Cotrocen...