Retail&Consumer
Help Net Headed Towards RON1B Sales in 2020
Help Net pharmacy chain, the fourth largest actor on the market by sales, ended 2019 with 18% higher sales year-on-year, the company officials say, or more than 780 million lei (EUR163 milli...
JYSK Opens Its Second Store In Cluj-Napoca; Reaches 82 Units In Romania
JYSK Romania, one of the largest furniture and home décor retailers, with a turnover of over EUR100 million in Romania, will be opening its second store in Cluj-Napoca, on Thursday (January...
Antitrust Body Fines Roche Romania EUR12.8M For Abuse Of Dominant Position On Cancer Drug Market
Romania’s Competition Council on Wednesday said it fined pharmaceutical company Roche Romania SRL a total RON59,967,944 (EUR12,857,897) for abuse of dominant position on the market of certai...
Dan Robinson Named President Of Romanian Brewers Association
Dan Robinson, managing director at Heineken Romania, has been appointed president of the Romanian Brewers Association, replacing Lucian Ghinea, the head of brewer Bergenbier, which is part o...
Traffic On Romania’s Top Five Airports Up 6% YoY To 21 Million Passengers
Romania’s five largest airports, namely, Otopeni (Bucharest), Cluj, Timisoara, Iasi and Sibiu, served over 21 million passengers in 2019, 6% more than in 2018, according to Ziarul Financiar.
Alpha Bank Sells Mall Plot in Timisoara
Timisoara Centrum, a mall project valued at EUR90 million and announced by Alpha Group Investments and Ali Ergun Ergen in the spring of 2016, was canceled and Alpha Bank sold the 60,000 squa...
Traffic On Otopeni Airport Up 6% To 14.7 Million Passengers In 2019
Henri Coanda (Otopeni) International Airport, the largest airport in Romania, served 14.7 million passengers in 2019, 6.3% more than in 2018, according to company data.
Austria’s XXXLutz Opens 12,000-Sqm Mömax Store Within Oradea Shopping City
Austrian furniture and home decor retailer XXXLutz, with annual sales of EUR4.65 billion, will be opening Thursday (Jan 16) its second store under the mömax brand in Romania, within Oradea S...
Kaufland To Invest EUR300M In Romania In 2020
German retailer Kaufland, leader on the Romanian food trade sector with annual sales of over RON10 billion (EUR2.2 billion), will be investing nearly EUR300 million in the Romanian market in...