Retail&Consumer
Accor Announces New Ibis Hotel Near The Future Terminal 2 Of Henri Coanda International Airport
Accor Group has signed a management agreement with Alexandra Residence Design to open a 144-room ibis hotel, by end-2022, in the vicinity of the future Terminal 2 of Henri Coanda (Otopeni) i...
Retailer Altex Set to Hire 1,000 People
Electronics retailer Altex said Thursday it will be hiring over 1,000 people throughout the country to support its network expansion and modernization.
Benvenuti Expects 40% Decline in Turnover and RON10M Loss in 2020
Benvenuti, one of the leading footwear retailers in Romania, expects a turnover of RON83 million this year, nearly 40% lower than in 2019, the lowest since 2013. The company is also bracing...
Romania Recycles Just 11% of Waste Compared with 47% EU Average
Romania ranks last but one in the European Union with just 11.1% of waste recycled in 2018 compared with a EU average of 47.2%, European Commission data showed.
Local Hospitality Industry Struggles to Survive as Revenues Dropped 80%
Romania's hospitality industry currently reaches just 15-20% of the revenues it had in the same period last year, as only deliveries and open-air service are currently allowed and the govern...
Sameday Delivery Firm Leases Nearly 2,300 Sqm In Industrial Park VGP Park Timisoara
Delivery service company Sameday Courier, owned by online retailer eMAG, has leased approximately 2,300 square meters within industrial park VGP Park Timisoara (western Romania), per real es...
Pambac Posts RON186.5M Turnover in 2019; Romania Makes 1.5M Tons of Bread/Year
Romanian bread and bakery producer Pambac, owned by entrepreneur Eusebiu Gutu, had a turnover of RON186.5 million in 2019, down 1.5% on the year, finance ministry data showed.
Continental Hotels Chain And French Accor Group Jointly Terminate Their Management Agreement
Continental Hotels, controlled by businessman Radu Enache, and French Accor Group have jointly decided to terminate their management agreement signed 20 years ago. Following this decision, f...
Carrefour Delivery Platform Bringo Expands to Six New Cities
Bringo, retailer Carrefour's mobile app for shopping delivery, has expanded to six new cities, now covering 35 cities, the company said Monday.