Retail&Consumer
Cora Extends Delivery Partnership with Foodpanda Countrywide
Hypermarket chain Cora said Wednesday it has extended a partnership with food delivery platform foodpanda for the delivery of over 1,500 of its products, available in all cities where the re...
Apex Alliance Group To Open Moxy Bucharest Old Town Hotel July 20, In EUR12.5M Investment
Lithuanian Apex Alliance Group, held by several Lithuanian entrepreneurs, including Nerijus Numavicius, deemed the richest man in Lithuania, will be opening the Moxy Bucharest Old Town hotel...
Kaufland 2019 Turnover Up 8% YoY To RON11.8B
German-held retailer Kaufland reported a turnover of RON11.8 billion in 2019, 8% higher than in the first half of 2018, per ZF calculations based on public data.
Altex Reopens Store In Plaza Romania Shopping Mall After EUR500,000 Upgrades
Electronics retailer Altex will be reopening its store within Plaza Romania shopping mall on Saturday (June 6), following a six-week modernization process which entailed investments of EUR50...
Nordis Group Sees 50% Higher Sales YoY In March-May 2020
Nordis Group, a real estate developer specialized in the construction of luxury properties, registered 47% higher sales year-on-year in March-May 2020, for the Nordis Mamaia 5***** mixed-use...
McDonald’s Opens New Restaurant In Bucharest In RON5M Investment; Reaches 85 Units In Romania
Premier Restaurants Romania, which operates McDonald’s restaurant chain in Romania, has recently inaugurated a restaurant in Bucharest’s Piata Progresul area, following an investment estimat...
Eurostat: Retail Trade Volume Down 11.7% On Month In April In The EU Amid Covid-19 Restrictions
In April 2020, the COVID-19 containment measures widely introduced by Member States again had a significant impact on retail trade, as the seasonally adjusted volume of retail trade decrease...
British American Tobacco Invests EUR175M in Romanian Factory
British American Tobacco (BAT), the biggest tobacco company operating in Romania, said Thursday it has invested EUR175 million in its factory in Ploiesti, Romania, to manufacture consumables...
Romania Retail Sales Drop 20% on Month in April
Retail sales in Romania dropped 20% in April compared with March and with April 2019, as retail fuel sales dropped by more than 30% and non-food item sales dropped by more than 20% as the co...