Retail&Consumer
Tiberius Cretu, Mihai Grama Invest EUR50,000 In Two Barbershops In Bucharest
Tiberius Cretu and Mihai Grama had opened the first barbershop – a modern shop under the name Mr. Blade, back in 2015, on Ion Brezoianu Street in capital Bucharest. Four years later, in 2019...
Meron Coffee Shop Chain Eyes EUR4M Turnover In 2020
The Meron coffee shop chain, founded in 2015 by Bogdan Ciocian in Cluj Napoca, expects a turnover of EUR4 million in 2020, 60% higher than the level recorded in 2019, based on its expansion...
Agroland Raises RON8.08M in 5-Year Corporate Bond Sale
Agroland Business Systems, a company developed by entrepreneur Horia Cardos, which owns a chain of supermarkets catering to farmers, has completed a five-year offer for corporate bonds and r...
Elefant Online Posts Operational Loss of RON6.7M, Targets Profit in 2020
Elefant Online, which operates online retailer elefant.ro, reported a turnover of RON173.7 million for 2019, up 25% on the year, and an operational loss of RON6.7 million, compared with a lo...
5 To Go Chain To Expand To 500 Coffee Shops In Five Years, 100 Of Which Abroad
The 5 to go coffee shop chain plans to reach 500 coffee shops in the next five years, 400 of which in Romania and 100 abroad, says co-founder Radu Savapol.
How Romania’s Grocery Retail Changed Over Two Decades
The last two decades, which saw the financial crisis that started in 2009 and the fast-paced development of foreign networks, led to a significant change of the grocery retail.
SEB Investment Management Lowers Stake in Purcari Wines
Investment fund SEB Investment Management AB of Sweden has lowered its stake in Purcari Wineries (WINE.RO) in Tuesday trading session from 8.45% to 4.81%.
C&W: 90% Of Romanian Logistics Space Market Concentrated In Bucharest And Seven Other Large Cities
Romania’s industrial and logistics space market has exceeded the threshold of 4 million square meters, with 90% of the surface area being concentrated in eight large cities in southern, cent...
ARB: Value Of Credit Card Transactions In Romania Doubles In Last Four Years, Reaching RON4B In 2019
The value of credit card payment transactions in Romania has doubled over the last four years, reaching RON4 billion in 2019, and the number of transactions followed the same trend, reaching...