Retail&Consumer
Dante International Gets Antitrust Clearance to Acquire Extreme Digital of Hungary
Dante International, which operates eMAG – the biggest online retailer in Romania, and Fashion Days – the biggest fashion online retailer in Romania, has received antitrust clearance to acqu...
Romania Loses RON5.5B Annually to Counterfeit Trade
Annual losses caused by counterfeit trade and pirated content in Romania amount to an estimated RON5.5 billion, the equivalent of 17.2% of sales across 11 economic sectors, a study released...
eMag Seeks to Sell Warehouse Near Bucharest for EUR80M
eMag Group, the biggest online retailer in Romania, is looking to sell its warehouse in Joita, south of Bucharest, to an investment fund and remain a long+term tenant, sources on the market...
Profi Creates Private Label Set to Debut in July
Supermarket and convenience store chain Profi, held by buyout investor Mid Europa Partners, will launch its own private label by the same name on the medium price segment.
Kaufland Opens Its Fourth Store In Cluj-Napoca; Reaches 126-Unit Network In Romania
German-held retailer Kaufland will be opening its fourth store in Romania’s north-western city of Cluj-Napoca, on Thursday (June 6), reaching 126 units in Romania.
Mega Image Accelerates Expansion Rate; Seeks To Open Its First Stores In Iasi By End-2019
Retailer Mega Image continues its expansion countrywide and seeks to open its first stores in the city of Iasi and other units in the cities of Timisoara and Iasi, by the end of 2019.
Romanian Spa & Wellness Market at EUR314M in 2018
The Romanian spa resort and wellness market generated a turnover of approximately EUR314 million, industry specialists said.
NEPI Rockcastle Bets On Seven New Retail Projects In 2019, Of Which Four In Romania
Investment fund NEPI Rockcastle, the largest shopping mall owner in Romania and a leading player in Central and Eastern Europe (CEE), officially targets seven new real estate projects in 201...
Kaufland’s Profit Margin Reaches 7.2%, Highest Since Entering Romania
German-held retailer Kaufland posted 7.2% net profit margin last year, one of the highest in grocery retail, ZF has found, and also its best in Romania since its arrival in 2005. It had prev...