Retail&Consumer
Next Expands Outside Bucharest; Opens Store In Iulius Town In EUR350,000
British clothing retailer Next, present on the Romanian market with four units, in capital city Bucharest, announced the opening of a store with products for children, within Iulius Town, a...
Hungarian Competition Authority Clears eMag - Extreme Digital Merger
The Hungarian Competition Authority (GVH) has approved the merger between Romanian retailer eMAG and Hungarian company Extreme Digital. The new entity has combined revenue of EUR250 million,...
New Malls Become Tourist Attractions for Neighboring Countries
The opening of new malls in cities near the border attracts customers from the city and from around it, as well as from the neighboring countries, the latter coming to buy things that are no...
Carrefour Sales Up to Over EUR1.6B in Romania in Jan-Sep
French-held Carrefour, which has been operating in Romania since 2001, posted more than EUR1.6 billion sales in this country in the first nine months, almost 8% more than in the same time in...
One United Properties, Auchan Invest EUR178,000 In Refurbishing Park Near One Floreasca City Project
One United Properties, a company held by Andrei Diaconescu and Victor Capitanu, and French retailer Auchan, have invested EUR178,000 in refurbishing the Automatica park, located in the vicin...
Heidi Chocolat Opens First Pop-up Shop With Premium Chocolate, In Downtown Bucharest
Heidi Chocolat has opened its first pop-up shop in capital city Bucharest, in the vicinity of the Romanian Athenaeum, in partnership with Moritz Eis ice cream parlor.
30 New Brands Entered Romania In Past Two Years
The last three years, 2017, 2018 and 2019 have been rather busy in terms of new brand arrival, both on the fashion, jewelry and accessory segment and on the restaurant and café segment.
Apex Alliance Opens First Courtyard by Marriott Hotel In Romania, After EUR22.5M Investment
Lithuanian Apex Alliance Group, held by several Lithuanian entrepreneurs, including Nerijus Numavicius, deemed the richest man in Lithuania, has opened the first Marriott hotel in Romania un...
Bookstore Chain Diverta Plans to Open 6 or 7 Stores in 2020
Bookstore chain Diverta will continue to invest in rebranding the existing bookstores and in opening new ones in Bucharest and the rest of the country, says CEO and minority shareholder Amal...