Retail&Consumer
Top Three Manufacturers Account For 25% Of Romania’s Cosmetics Market
The EUR1 billion cosmetics market in Romania is heavily fragmented and mainly the playground of foreign companies, part of international giants, with financial strength and marketing budgets...
Decathlon Sales up 16% to Almost EUR200M in 2018
French-held Decathlon, the leading sporting goods retailer in Romania, ended 2018 with 16% growth in sales to 885 million lei (EUR190 million).
Profi Aims For 2,500 Stores in Romania By 2023
Retail chain Profi, held by buyout investor Mid Europa Partners, set out to grow to 2,500 stores by 2023, after having overshot the 1,000 store mark this May.
City Grill Group Expands Retail Presence With New Concept, Pravalia lui Manuc
City Grill Group, one of the leading players in the restaurant industry, held by entrepreneur Dragos Petrescu, is expanding its presence on the retail segment with a new concept, Pravalia lu...
Lidl Opens 11 Stores in H1, Set to Continue Fast-Paced Expansion
German-held retailer Lidl opened 11 stores in Romania in the first half, after having opened another 20 in the entire 2018. It will continue expansion investment in the second half, as well.
Businessman Dragos Anastasiu Sells Travel Brands To Firm Held By German Tour Operator DerTour
Romanian businessman Dragos Anastasiu has sold the travel agency chain Travel Brands, a brand founded at the end of 2018, to Exim Holding, part of DerTour (REWE Group), according to data fro...
Otter Distribution Group Continues Expansion Of Tezyo Store Chain In Romania
Otter Distribution Group, a business established by Filip Schwartz, has continued this year its expansion on the Romanian retail market through the Tezyo brand, reaching 36 stores under this...
Voici la Mode Opens Marks & Spencer Store in Timisoara, Reaches Four in Romania
Cyprus-registered Voici la Mode, which owns the Marks & Spencer franchise in Romania, will open its first store in Timisoara this fall, in the Iulius Town project, following an investment of...
Selgros Sales up 8% in Romania in H1
Cash & carry retailer Selgros saw its sales up 8% in the first half of this year, following the growth of 2% in 2018.