Retail&Consumer
JYSK Opens Store In Bucharest’s Grand Arena Mall; Reaches 88 Units In Romania
Scandinavian furniture and home décor retailer JYSK continues its expansion in Romania, by opening a new store in Bucharest’s Grand Arena Mall, reaching 88 stores in Romania.
eMAG, Largest Online Retailer In Romania, Returns To Net Profit In 2019 After Six Years Of Loss
Dante International, which operates eMAG – the largest online retailer in Romania and one of the biggest players in the region, has returned to net profit in 2019, after six years of loss, p...
Provident Grants 3.1 Million Loans, Worth RON6.2B, During Its 14-Year Presence In Romania
Provident Financial Romania, a provider of quick and easy short-term loans, has granted over 3.1 million loans, worth a total RON6.2 billion, during its 14-year presence on the local market.
ING Bank Enters Online Fashion Commerce With Marketplace Platform DealWise
ING Bank, the fourth largest lender in Romania by assets, has entered the online fashion commerce, by launching online shopping platform DealWise.
Romania Furniture Production Down 7%, Local Consumption Down 13% YoY In 2019
The furniture production volume fell by 7% to EUR2.32 billion in 2019, compared to EUR2.49 billion in 2018, and furniture consumption dropped nearly 13% in the same period, per data from the...
Miele Romania Eyes 2% Increase In Its 2020 Turnover, To RON49M
German-held luxury home appliance manufacturer Miele Romania has budgeted a turnover of RON49 million for 2020, up nearly 2% from 2019.
Profi Keeps Expansion Pace; Opens 20 New Stores In June 2020
Grocery retail chain Profi, held by buyout investor Mid Europa Partners, continues its expansion at a regular pace, despite the COVID-19 pandemic, by opening 20 new stores in June 2020.
Kingfisher Opens Construction Materials Outlet Near Bucharest
UK's Kingfisher, owner of DIY retail chain Brico Dépôt, has opened a construction materials outlet center in Chiajna, near Bucharest.
Carrefour Launches New Store Concept In Bucharest - Bonteria Very & So
French Carrefour Group has launched a new store concept in Bucharest, Bonteria Very & So, specialized in perfumes, make-up products, cosmetics, hair-care products, eco-friendly home cleaning...