Retail&Consumer
Uber Eats Exits Romanian Market Starting June 4, 2020
Uber Eats announced Monday that it is pulling out of the Romanian market starting June 3, 2020.
Cosmetics Manufacturer Farmec Starts Producing Disinfectants
Farmec Cluj-Napoca, the biggest local cosmetics manufacturer, announced Wednesday it has started producing household and medical-grade disinfectants after obtaining all required permits, com...
Pastry Producer Fornetti Sales Reach RON205M In 2019
Fornetti Romania, one of the largest pastry businesses in the country, ended 2019 with RON205.9 million (EUR43.4 million) sales, an increase of 5% on 2018, Finance Ministry data show.
Profi: Unplanned Pandemic Investments Stand At EUR3M In Three Months
The COVID-19 pandemic came with a boost in sales for retailers, especially grocery, personal and home care products retailers, as well as with additional spending.
Lidl Continues Investments In Romania; Opens New Store, In Mioveni
German-held discount grocery retailer Lidl continues its investments in Romania by opening a new store, in the town of Mioveni (Arges County), on April 30. The new unit also has an electric...
Impact Developer&Contractor Expands Boreal Residential District In Constanta By 9 Apartment Blocks, 18 Villas
Real estate developer Impact Developer&Contractor, held by businessman Gheorghe Iaciu, is starting works on a new residential project, in Constanta, which will include 693 housing units, in...
Polish AmRest Group Opens New Burger King Restaurant In Romania
Polish Amrest Group, present in Romania with the Starbucks coffee shop chain and the Burger King restaurant chain, has announced the opening of a Burger King unit in Bucharest’s University S...
Colliers: Distribution Chains To Be Restructured; Producers, Logistics Firms May Focus On Local, Regional Suppliers
The increase in online sales, in parallel with a temporary closure of other sales channels, has prompted many retailers to reorganize their activity and many firms in the logistics, transpor...
Opus Land Buys 15.6-Ha Land For Project Expansion; Eyes Investments Of Over EUR22M In 2020
Opus Land, the developer of the Cosmopolis residential compound in Bucharest, has completed the acquisition of 15.6 hectares of land located in the vicinity of the compound, after having bou...