Retail&Consumer
Innova Capital Acquires Optiplaza Store Network
Private equity fund Innova Capital, present in Romania since 1998, has acquired eye-wear store network Optiplaza which owns 42 stores in Romania under the brands Optiplaza and Optical Expres...
Immofinanz’s Vivo! Malls in Romania Generated RON180M Revenue In 2018
The four malls branded as Vivo!, which Austria’s real estate developer Immofinanz owns in Romania, ended 2018 with 180 million lei (EUR39 milion) revenue, up 5% on the previous year, ZF has...
Rewe Group Takes Over Eurolines Tourism Operations
Romanian tour operator Eurolines, owned by Dragos Anastasiu, will sell its tourism operations to DER Touristik Group, part of German group Rewe.
Retailer Mega Image Steps Up Expansion
Supermarket and convenience store chain Mega Image has opened about 30 new stores out the planned 90 since the beginning of the year.
Colosseum Developer Gets EUR23M Loan for Expansion
Nova Imobiliare, which developed Colosseum Retail Park in the northwestern part of Bucharest, secured financing of EUR23 million from Credit Europe Bank for the expansion of the shopping cen...
Intersport Sees 7% Growth in H1
Sporting goods retailer Intersport, one of the most powerful actors in this market, saw its sales up 7% in the first half, a higher growth rate than in the year-ago period.
Penny Market Set to Preserve Double-Digit Growth Rate in 2019
Discount store chain Penny Market has more than 240 stores in Romania and continues expansion at a rate of 20 to 25 stores a year.
Decathlon, Intersport And Hervis Account for 60% of Romania’s Sporting Goods Market
The sporting goods market estimated to reach EUR500 milion next year is divided among specialist retailers like Hervis, Intersport and Decathlon, single-brand stores like Adidas and Nike, on...
DHL Express Romania Buys 118 Mercedes Benz Sprinter Vehicles
Logistics firm DHL Express Romania, the logistics and express courier division of DHL International Romania, has renewed its car fleet with the acquisition of 118 Mercedes-Benz Sprinter vehi...