Retail&Consumer
Antitrust Body Looks Into Takeover Of Art Petrol Filling Stations By OMV Petrom
Romania's Competition Council is looking into a deal whereby OMV Petrom Marketing SRL is acquiring the filling stations held by Art Petrol SRL.
Carrefour Romania Seeks to Become Leading Grocery Retailer, CEO Says
French-held retailer Carrefour, which has been operating in Romania since 2001, increased its sales by 7.6% in the first half of 2019 and if the growth continues at the same rate, the group’...
Carturesti Chain Opens Bookstore In Chisinau
The company that operates bookstore chain Carturesti, held by Nicoleta Dumitru and Serban Radu, has opened a concept-bookstore in Chisinau (the Republic of Moldova), marking the first expans...
Most Productive Employees in Modern Retail Generate RON1.5M Revenue/Year
The revenue per employee, a key indicator of the local modern retailer, ranges from 440,000 lei to 1.5 million lei (EUR93,000 to over EUR317,000), ZF has calculated from publicly available d...
Top Ten Mall Managers in Bucharest Made over RON1B from Rent in 2018
The ten largest companies that manage shopping centers in Bucharest posted 1.046 billion lei (EUR227 million) revenue from rents last year, 2% more than in 2017, data centralized by ZF from...
JYSK Opens Store In Zarnesti, Reaches 77 Units In Romania
Furniture and home accessories retailer JYSK will be opening a store in Zarnesti (Brasov County) on Thursday (August 29), reaching a 77-unit network in Romania.
Deva Plant of Eurosport DHS Makes Electric Bikes for European Consumers
The Deva plant of bicycle manufacturer Eurosport DHS held by Chinese and German investors, makes 400,000 bicycles a year, more than half of which exported. The remaining 50% goes to 200 loca...
Reconstruction Of Magazinul Bucuresti Due For Completion End-2019 After EUR10M Total Investment
The reconstruction of the Magazinul Bucuresti (Bucharest department store) in Bucharest’s old Town, is due for completion at the end of 2019 and will include office space, stores and restaur...
Retailer Elefant Nears EUR20M Share Capital After Increase By EUR1.7M
Elefant Online, the company that runs elefant.ro, one of the largest local online stores, said its share capital is nearing almost EUR20 million after being increased by EUR1.7 million.