Retail&Consumer
Coca-Cola Sales In Romania Up 5.6% YoY In 2019
Coca-Cola HBC Romania, leader on the local soft drinks market, on Thursday said it registered 5.6% higher sales volumes on the year in 2019, according to the latest annual report of Coca-Col...
Footwear Manufacturer Clujana Exits Insolvency
Romanian footwear manufacturer Clujana, majority owned by the Cluj County Council, has exited insolvency after two years, during which time it managed to pay off RON16 million in debt.
Secom Sales Grow 21% in 2019, to EUR25.5M
Secom, a food supplement importer and distributor owned by entrepreneurs Lucia and Andrei Costea, had sales of EUR25.5 million in 2019, up 21% on the year.
Profi Opens Store Within Bucharest’s Central District 4 Elemente Real Estate Project
Retail chain Profi held by buyout investor Mid Europa Partners, has leased 500 square meters, for a 15-year period, in the retail area of Central District 4 Elemente real estate project deve...
Carturesti Opens Bookstore in Timisoara
Bookstore chain Carturesti, owned by Nicoleta Dumitru and Serban Radu, has opened a new unit in downtown Timisoara, western Romania, reaching a total of 37 bookstores in Romania.
Foreign Grocery Retailers To Invest EUR1B In Opening 400 New Stores In 2020
Foreign grocery retailers will be spending almost EUR1 billion this year to open 400 new stores, develop new logistics facilities, online commerce and go digital.
Dr. Max Replaces All Punkt Pharmacies, As Well As Some Sensiblus
Pharmaceutical retail in Romania has a new brand after Penta Investments, the owner of the Punkt and Sensiblu chains introduced the Dr. Max brand in 418 of its 618 pharmacies in the country....
Baneasa Shopping City Tenants Sales Up 10% To EUR285M In 2019
The retailers in the Baneasa Shopping City mall in northern Bucharest posted EUR285 milion sales together in 2019, 10% higher than in 2018. The figure does not include the sales of the Carre...
City Grill Group Targets RON200M Turnover in 2020, Plans Five Restaurant Openings
City Grill Group, owned by entrepreneur Dragos Petrescu, had a turnover of RON187 million in 2019, up 13% on the year, and targets 12% growth in 2020, backed by plans to open four or five mo...