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Zara Reports 7% Higher Turnover In Romania, Of RON945M, In 2019
Retail&Consumer

Zara Reports 7% Higher Turnover In Romania, Of RON945M, In 2019

Fashion brand Zara, part of Spain’s Inditex Group, ended 2019 with a turnover of RON945 million in Romania, up 7% on the year, which was also due to the opening of a new store, taking the to...

Ecaterina Craciun · 05.08.2020 · 12:46 · 1 min
Sameday Leases 1,200 Sqm in Former Auto Showroom Near Bucharest
Real Estate

Sameday Leases 1,200 Sqm in Former Auto Showroom Near Bucharest

Delivery company Sameday, owned by online retailer eMag, has leased a space of approximately 1,200 square meters in Tunari, near Bucharest,on the location of the former Badsi Impex auto show...

Oana Gavrila · 04.08.2020 · 12:46 · 1 min
Magnolia Flower Shop Chain Expands to Two More Cities
Retail&Consumer

Magnolia Flower Shop Chain Expands to Two More Cities

Flower shop chain Magnolia, owned by the Molnar family in Cluj Napoca, said Monday it was expanding to Targu Mures and Oradea, following a total investment of EUR150,000.

Oana Gavrila · 03.08.2020 · 16:51 · 1 min
Romania's Footwear Exports Decline 14% in 2019
Retail&Consumer

Romania's Footwear Exports Decline 14% in 2019

Romania exported $930 million worth of footwear in 2019, the lowest value since 2006, the first year for which data are available. 2019 was the first in the past 15 years when footwear expor...

Oana Gavrila · 03.08.2020 · 15:44 · 2 min
Baneasa Shopping City Unveils Opening Of Hugo Boss Store In October 2020
Real Estate

Baneasa Shopping City Unveils Opening Of Hugo Boss Store In October 2020

Baneasa Shopping City, located in northern Bucharest and managed by the company Baneasa Developments, has announced the opening of a Hugo Boss store in October 2020, as part of a strategy ai...

Ecaterina Craciun · 03.08.2020 · 15:08 · 1 min
FF Group Romania 2019 Turnover Grows 17% To RON281M, Net Profit Doubles To RON23.7M
Retail&Consumer

FF Group Romania 2019 Turnover Grows 17% To RON281M, Net Profit Doubles To RON23.7M

Fashion group FF Group Romania, which operates stores under brands such as Nike and Collective, reported a turnover of RON281 million in 2019, up 17% on the year, according to calculations b...

Ecaterina Craciun · 03.08.2020 · 12:01 · 1 min
Lidl Turnover Grows 24% YoY To RON9.7B In 2019
Companies

Lidl Turnover Grows 24% YoY To RON9.7B In 2019

German-held discount grocery retailer Lidl, present on the Romanian market since 2011 when it acquired retailer Plus Discount, registered a 24% increase in turnover on the year to RON9.7 bil...

Ecaterina Craciun · 03.08.2020 · 11:03 · 1 min
Norofert Gets Authorization to Sell Its Products in Ohio
Companies

Norofert Gets Authorization to Sell Its Products in Ohio

Organic fertilizer producer Norofert (NRF.RO) said Friday it has received certification allowing it to sell four of its products in the state of Ohio, USA, for one year starting July 1.

Oana Gavrila · 31.07.2020 · 13:43 · 1 min
Mega Image Expands to Central Romania, Opens Store in Sibiu
Companies

Mega Image Expands to Central Romania, Opens Store in Sibiu

Dutch-Belgian grocery retailer Mega Image, owned by Ahold Delhaize, continues expanding in the central part of Romania by opening a store in Selimbar, Sibiu, its first in the area.

Oana Gavrila · 30.07.2020 · 16:33 · 1 min