Retail&Consumer
JYSK Opens Store In Lugoj; Reaches 85 Units In Romania
Scandinavian furniture and home décor retailer JYSK Romania, will be opening a store in Lugoj, reaching 85 units in Romania.
Vascar Vaslui Posts EUR20.5M Turnover in 2019
Vascar Vaslui, one of the leading cold cuts and canned food producers in Romania, had a turnover of around EUR20.5 million in 2019, up 13% on the year, and plans to open three more stores in...
Bucharest Accommodates 16% Of Hypermarkets In Romania, Accounts For 27% Of Sales
Only 35 of the 209 hypermarkets in Romania are in Bucharest, but they account for a significant portion of sales, contributing more than 27% of the total almost RON27 billion sales of the la...
Realty Developer Iulius Invests Over EUR160M In Expanding Palas Project In Iasi
Real estate developer Iulius, owned by businessman Iulian Dascalu, has announced investments of over EUR160 million in expanding the Palas project in Iasi, which will include a ten-storey of...
Dedeman Opens New Store Following EUR11M Investment
Dedeman, the largest Romanian entrepreneurial business and the largest player on the DIY retail market, will open its 51st store at the end of the week, following an investment of EUR11 mill...
Retail Pharmacy Chain Catena Sees Sales Up To EUR1B In 2019
The 800 pharmacy chain Catena, the largest actor on the pharmaceutical retail market in Romania, posted 4.7 billion lei (some EUR1 billion) sales in 2019, 17% higher than in 2018.
THR Marea Neagra, Held By SIF Transilvania, Switches To RON806,900 Profit In 2019
Romanian company THR Marea Neagra (EFO.RO), which manages several accommodation units in seaside resorts of Eforie Nord, Eforie Sud, Venus, Saturn and Neptun, on Thursday said it switched to...
Regal Galati, Held By SIF Moldova, Ends 2019 With RON597,920 Net Profit, More Than Fivefold Lower YoY
Regal (REGL.RO), a firm which manages several restaurants in Galati, ended 2019 with a net profit of RON597,920, more than fivefold lower than the net result reported in 2018, but more than...
Swiss Ice Cream Brand Mövenpick Taps Romanian Market, Opens Store In Baneasa Shopping City
The first Mövenpick ice cream parlour in Romania, a Swiss ice cream brand brought to Romania in franchise system, has been inaugurated within Baneasa Shopping City. The owners of the busines...