Retail&Consumer
Lidl Opens Two New Stores, Reaches 272 Units in Romania
German-held discount grocery retailer Lidl is opening two new stores in Romania, in Gherla, Cluj county, and Marghita, Bihor county.
Colliers: Retail Sector Generates 50% of Industrial & Logistics Space Deals in 1H/2020
Total demand for industrial and logistics space reached 249,000 sqm in the first half of the year, roughly unchanged compared with the same period last year, as retail and FMCG companies gen...
Leroy Merlin Targets EUR1B Sales in Romania in Upcoming Years
French-held DIY retailer Leroy Merlin will be opening a new store in Romania on August 21, in Bucharest, its 18th unit on the local market, and targets EUR1B sales in the next few years.
Otter Distribution Opens Second Tezyo Store in Targu Mures
Otter Distribution, one of the largest players on the local footwear retail market, has opened its second Tezyo store in Targu Mures, after an investment estimated at EUR104,000.
Dermo-Cosmetics Sales in Romania Down 18.5% in 2Q, to EUR12M
Romanians bought RON58.6 million (EUR12 million) worth of dermo-cosmetics in pharmacies in the second quarter of 2020, down 18.5% in the year.
Holde Agri Invests in Local Agri-Tech Start-Up
Holde Agri Invest, a Romanian company operating farmland, announced Thursday a strategic partnership with local start-up AgroCity whose software helps farmers manage activities efficiently w...
Cereal Crunch Opens Group’s First Franchise In Craiova, After EUR40,000 Investment
Cereal Crunch will be opening the group's first franchise in Craiova (southern Romania) on Friday (August 7), following a total investment of EUR40,000.
Schwarz Group 2019 Turnover Up 15.9% To EUR113B, Of Which EUR4.5B Generated By Kaufland, Lidl In Romania
Germany’s Schwarz Group, which holds food retailers Kaufland and Lidl in Romania, reported a turnover of RON21.6 billion (EUR4.5 billion) in Romania in 2019, up 15.9% on the year, per ZF dat...
Kaufland Opens New Store in Botosani, Reaches 130 Units
German-owned retailer Kaufland, the leader of the local grocery retail by sales, is opening a second store in Botosani, reaching 133 units in Romania.