Retail&Consumer
Altex Buys RTC Proffice from Oresa Ventures
IT&C producer and wholesaler Complet Electro Serv, part of Altex group owned by Dan Ostahie, has acquired stationary and ofice supplies company RTC Proffice, founded by Octavian Radu and own...
Best Year for Modern Retail in Romania
More than 400 grocery stores have opened in 2019, making it the best year in local modern retail ever. Modern retail in Romania started with the arrival Metro Cash & Carry in 1996.
Cora Invests EUR3M In Modernizing Its Hypermarket In Bucharest’s Pantelimon Area
Hypermarket chain Cora, which has 11 stores in Romania, has announced investments of EUR3 million in its hypermarket in Bucharest’s Pantelimon area- the first hypermarket opened in Romania b...
Antitrust Body Fines Premier Energy SRL RON6.3M For Abuse Of Dominant Position
Romania’s Competition Council has fined natural gas distributor Premier Energy SRL a total RON6.3 million (nearly EUR1.3 million), as a legal successor of the company Gaz Sud SA, for abuse o...
Fashion Retailer LPP Headed Towards EUR100M Sales in Romania
Polish-held fashion group LPP saw sales up nearly 50% in the first nine months, compared with the year-ago period, keeping the fast growth pace of the previous years.
OMV Petrom Acquires Art Petrol Filling Stations; Reaches 558 Units In Romania
Romania’s Competition Council on Monday said it has approved a transaction whereby OMV Petrom Marketing is acquiring the filling stations held by Art Petrol SRL in Romania. Following the dea...
Antitrust Body Clears Profi Room Food To Take Over Some Retail Spaces Of Pram Maya
Romania’s Competition Council on Monday said it has approved a transaction whereby Profi Rom Food SRL plans to take over eighteen retail spaces under the sole control of the company Pram May...
McDonald’s Opens Its 37th Restaurant In Bucharest In RON9M Investment
Premier Restaurants Romania, the development partner of McDonald’s in Romania, has opened its 37th restaurant in capital Bucharest, on Valea Cascadelor Street, following an investment of RON...
Footwear Retailer CCC Opens New Store, In Bacau; Expects To Close 2019 With 71 Units In Romania
Polish footwear retailer CCC, the second largest player on the Romanian footwear market, has announced the opening of a store within shopping center Hello Shopping Park in Bacau, as well as...