Retail&Consumer
Romania EU Funds Ministry Unveils EUR680M Support For Local Health System, Business Environment
Romania’s European Funds Minister Marcel Bolos announced a set of measures worth EUR680 million aimed at supporting the local health system and business environment, in the context of the co...
C&W Echinox Takes Over Management Of Bucharest-Based Office Building Mendeleev Office 5
Real estate consulting firm Cushman & Wakefield Echinox was appointed to provide property management services for Mendeleev Office 5, an office building recently completed by Akcent Developm...
Flanco: Sales Of Laptops, Game Consoles, TV Sets And Bread Makers Up
Computer and electronics retailer Flanco says sales vary with products, which means demand for laptops and bread makers is on the rise while demand for refrigerators and washing machines is...
Romaqua Group: Retail Sales Grew 40%; Group’s Factories Operate At 100% Capacity
Romaqua Group, the largest bottler of natural mineral water in Romania, whose brands include Borsec and Aquatique, currently operates at maximum capacity in order to meet the growing demand,...
eMAG Sales 10% Higher Than Usual, CEO Says
The unprecedented situation created by the Covid-19 virus, which led to the closing of schools and made most institutions and companies allow most of their employees to work from home, has l...
Diverta CEO: Online Sales Grow Over 50%, But Not Enough To Bridge The Online/Offline Gap
Bookstore chain Diverta, one of the leading players on the local book market, saw a strong growth, of over 50%, on the online segment, but a steeper decline on the offline segment, due to th...
Entrepreneur Eugen Paturan: Fashion Stores Sales Plunge 60% During The Week, 95% In Weekend
Romanian entrepreneur Eugen Paturan, who owns in Romania the stores Bata (footwear), New Balance (sports shoes) and, lately, AW Lab (sports equipment), said consumption currently is 100% ori...
Natural Product Retail Chain Vitamix Reaches 40 Stores; Continues Development After 30% Turnover Growth In 2019
Entrepreneur Zsolt Benedekt, the founder and shareholder of Vitamix stores, one of the most powerful Romanian brands on the segment of natural product stores, seeks to develop the company’s...
Sphera Says Coronavirus Epidemic Will Negatively Impact Operations
Sphera Franchise Group (SFG.RO), which manages restaurants under the KFC, Pizza Hut and Taco Bell brands said Thursday its expansion plans in Italy will be negatively impacted by the coronav...