Retail&Consumer
Zara Home Opens First Store In Northeastern Romania, Within Palas Mall Compound
Zara Home, a company part of Inditex Grouo, is inaugurating its first store in north-eastern Romania, in the city of Iasi, within the Palas Mall multifunctional compound.
Smithfield Closes Timis Processing Plant for a Week after Major COVID-19 Outbreak
Smithfield Romania has closed its biggest processing plant in the country, in Timis county, western Romania, after 93 of its employees tested positive for COVID-19.
Modern Retail Chains Keep Employee Numbers Low Despite Expansion
Modern retail, an industry with over 3,000 supermarkets, hypermarkets, cash&carry, discount and proximity stores, had an average number of 79,000 employees in 2019, just 400 more compared wi...
Detergent Producer Dalli Posts 20% Profit Growth in 2019
German group Dalli, which operates a detergent plant in Timisoara, Romania, had a turnover of RON388 million in 2019 and a profit of RON7.2 million, up 20% on the year, after two years of de...
Beer Consumption In Romania Drops 10% Since The Onset Of Coronavirus Crisis
Beer consumption fell by over 10% on the year in March-May 2020 and, starting March, with the onset of the coronavirus pandemic, a new trend emerged among consumers, showing their preference...
Developer Liebrecht & wooD Continues Work on EUR25M Fashion House Center
Belgian real estate developer Liebrecht & wooD, which owns the West Park Militari project in Bucharest, said Thursday it was continuing work on a second Fashion House outlet center, in Funde...
Footwear Retailer CCC Opens Store in Targu Mures, Reaches 73 Units
Polish footwear retailer CCC, the second largest on the Romanian market, said Thursday it has opened a third store in Targu Mures, located within the Shopping City retail center, reaching 73...
JLL: Appetite for Housing Stays High, Comfort and Space Prized above Location
Romanians' appetite for residential acquisitions remains high as over 80% of people looking to buy a home before the coronavirus outbreak still intend to purchase a home, and one in three po...
Amazon's Romanian Tech Centers Post RON321.3M Turnover in 2019
Amazon Development Center, owned by US online retail giant Amazon, which operates several tech centers in Bucharest and Iasi in Romania, had a turnover of RON321.3 million in 2019, up 34% on...