Retail&Consumer
Norway Sovereign Fund Sells Stakes in Romanian Energy Companies, Buys into Sphera Group
Norway's Sovereign Wealth Fund, with assets of $1.1 trillion, liquidated its stakes in Romania's Nuclearelectrica, Romgaz and the Bucharest Stock Exchange operator and bought into Sphera Gro...
Fashion House Outlet Center Bucharest Posts Nearly 11% Higher Sales In 2019, The Best Result In Last 12 Years
Fashion House Outlet Center Bucharest, developed by Belgian firm Liebrecht & wooD within the West Park Retail project in capital Bucharest, on Wednesday said its sales grew 10.9% in 2019, th...
Antitrust Body Looks into HelpNet Acquisition of Remedia Pharmacies
Romania's antitrust body said Tuesday it was looking into Help Net Farma's acquisition of 63 pharmacies from Farmaceutica Remedia SA.
GfK: Romanians Managed Their Appetite For FMCG Products In 2019, Opted For Cheaper Items
Romanians managed to control their appetite for fast-moving consumer goods (FMCG) in 2019, as they went shopping less often than in 2018 and opted out, in general, for cheaper products, acco...
Magazinul Bucuresti EUR6.5M Reconstruction Completed
Reconstruction works on Magazinul Bucuresti in Bucharest’s Old Town have been completed following an investment of over EUR6.5 million and now consists of retail spaces, class A offices and...
Sphera Franchise Group Sales Grow 24% in 2019, to RON955M
Sphera Franchise Group (SFG.RO), which manages restaurants under the KFC, Pizza Hut and Taco Bell brands, said Monday its consolidated sales grew 23.8% on the year in 2019, to RON955 million...
L‘Oréal Opens First Armani Beauty Monobrand Store In Romania
French L‘Oréal Group has opened its first Armani Beauty monobrand store in Romania, located within Baneasa Shopping City mall, in northern Bucharest, and covering nearly 50 square meters.
Highlander Partners Buys Majority Stake in Romanian SanoVita
US-based investment fund Highlander Partners said Wednesdafy it has acquired a majority stake in Romanian SanoVita, one of the most reputable and trusted food brands in Romania.
Vascar Opens New Store in Iasi in EUR45,000 Investment
Vascar, one of the leading cold cuts and canned food producers, has opened a new store in Iasi, following an investment of EUR45,000.