Retail&Consumer
JYSK Opens Store In Bragadiru; Reaches 91 Units In Romania
Scandinavian furniture and home décor retailer JYSK continues its expansion in Romania, by opening a new 1,300-sqm store in Bragadiru, reaching 91 units in Romania.
Rompetrol Develops New Product for Protective Medical Masks
Rompetrol Rafinare said Tuesday its petrochemical division has successfully developed a a special type of polypropylene dedicated to protective medical masks.
Romania Has Lost More Than 1,000 Physical Bookstores in 30 Years
Romania is the only EU country where he number of bookstores is dwindling and needs investment to develop this industry, believes Andrei Niculescu, general manager of Editura Niculescu (Nicu...
Bebe Tei Chain Sales Rise 35% to RON354M in 2019
Baby product supermarket Bebe Tei, which entered the market as a spinoff of Farmacia Tei in 2014, posted 354 million lei sales with its four stores in Bucharest and Constanta in 2019.
Sphera Opens KFC Restaurant in Targoviste's Dambovita Mall
Sphera Group (SFG.RO), the franchise operator of KFC, Pizza Hut and Taco Bell restaurants in Romania, said Thursday it has opened a new KFC restaurant in the Dambovita Mall shopping center i...
Hospitality Industry Sees 60% Drop in Sales
The local restaurant industry, one of the most affected by the Covid-19 pandemic, currently allowed only open-air serving and food delivery, has recorded a 60% drop in sales compared with 20...
ProdLacta Brasov Posts RON1.2M Net Profit In 2019 Versus RON147,000 Net Loss In 2018
Brasov-based dairy producer ProdLacta reported a net profit of RON1.2 million in 2019, compared to a net loss of RON147,000 in 2018, per finance ministry data.
Adrian Ariciu To Take Over As CEO Of METRO Cash & Carry Romania Starting October 1, 2020
Adrian Ariciu will take over the position of Chief Executive Officer (CEO) of Metro Cash & Carry Romania starting October 1, 2020.
Discount Stores Account for 20% of Modern Retail in Romania
Discount retail chains – Lidl, Penny and Supeco, now account for one fifth of the modern retail sales, after their sales went up twice faster than the market on average last year.