Retail&Consumer
Farmec Expects 50% Growth in Online Sales in 2019
Cosmetics manufacturer Farmec Cluj-Napoca reported 30% annual growth in online sales in the first half of the year and expects 50% growth in online sales by the end of the year.
Carturesti Bookstore Chain Opens Store in Veranda Mall, Reaches 11 Units in Bucharest
Bookstore chain Carturesti, owned by Nicoleta Dumitru and Serban Radu, will be opening a new bookstore in the Veranda mall in Bucharest, reaching 11 units in the capital city.
Burger Kings Aims for 50 Restaurants in Romania in Five Years
US fast food brand Burger King returned to Romania as a franchise, this time with Poland’s Amrest group, which also operates the Starbucks franchise. Amrest has an about 200 million lei (EUR...
IKEA Sales in Romania Top EUR160M in FY2018-2019
Ikea reported sales of over EUR160 million in Romania in the financial year September 1, 2018 - August 31, 2019, 15.2% higher compared with the previous year, the company said Wednesday.
Leroy Merlin Set to Open New Store in Bucharest in April 2020
French-held do-it-yourself retailer Leroy Merlin, with 17 stores in Romania will open its next store in Romania on the Theodor Pallady Boulevard in Bucharest in April 2020.
Meli Melo Expects EUR20M Sales In 2019
Jewelry and décor store chain Meli Melo has budgeted EUR20 million sales for 2019, up from the EUR15 million in 2018.
EY Romania, Radu si Asociatii Advised Casa Rusu on Stake Sale to Greenbridge
The Rusu family was assisted in the sale of 75% of Rus-Savitar-Casa Rusu group to Swedish investment firm Greenbridge by a team of consultants from EY Romania and lawyers from Radu si Asocia...
Restograf Invests EUR450,000 in Restaurant Reservations App
Restograf has invested EUR450,000 in an application allowing customers to make reservations in real time at more than 200 restaurants in Bucharest.
Rohatyn Makes RON200M Revenue from Maxi Pet and Animax Pet Shops
Private equity firm Rohatyn got 200 million lei (EUR42 million) revenue from its pet shop business in Romania, following 20% growth in 2018. The investor owns the Animax network it bought la...