Retail&Consumer
dm drogerie markt Continues Expansion In Bucharest, Opens New Store In Victoriei Square
German retailer dm drogerie markt, present on the Romanian market for over a decade, has recently opened a store in Bucharest’s Victoriei Square, on the ground floor of an apartment block.
Six New Malls and Shopping Centers Opened in 2019, Four Expanded in Romania
The year 2019 came with six new shopping centers or retail parks and four major expansions. The first mall in Sibiu was inaugurated last year and Iulius opened the Iulius Town complex in Tim...
Leroy Merlin Sees Double Digit Growth in 2019, Expects It to Continue in 2020
French DIY retailer Leroy Merlin posted double digit rise in sales in Romania in 2019, a year CEO Frédéric Lamy describes as outstanding. As a result, the sales reached half a billion euros.
Local Spirits Producer Prodal 94 Acquires Two Bottled Water Companies
Prodal 94, which makes Stalinskaya vodka and Wembley gin in Romania has received antitrust clearance to acquire Lipomin SA and Carpatina SA, which make bottled water brands Lipova and Carpat...
eMag Boasts Record Christmas Sales
eMAG, the largest online retailer in Romania, had a record holiday season, with a rise in sales of at least 26% over the previous year in Romania and 30% in all the countries it operates in.
Starbucks Ends 2019 With 28 Coffee Shops In Bucharest
Polish AmRest Group, which operates coffeehouse chain Starbucks in Romania, has opened two new coffee shops, within Mega Mall shopping center and at Bucharest’s main train station, Gara de N...
2019 in Review: Most Important Events in Grocery Retail Sector
Grocery retail, a EUR20 billion market a year was the stage of deals between foreign and local actors. Foreign chains continued to cement their position with new openings from scratch of sev...
Kaufland Buys Land in Constanta for EUR3.19M
Real estate developer Impact Developer & Contractor (IMP.RO) has sold land totaling 16,806 square meters in the city of Constanta to retailer Kaufland for EUR3.19 million, the developer said...
C&W: Realty Developers Buy EUR170M Land In Bucharest In 2019 For Residential, Office And Mixed-Use Projects
Large real estate developers have remained active in capital Bucharest throughout 2019 and bought plots of land needed for projects comprising over 6,000 housing units and 130,000 square met...