Retail&Consumer
Peek & Cloppenburg To Open Flagship Store Within Iulius Town Timisoara, Its 7th In Romania
German fashion retailer Peek & Cloppenburg will be opening a store within Iulius Town Timisoara compound, the first mixed-use project in western Romania, which integrates the current Iulius...
Farmec to Invest EUR2M in Production Line Upgrade, Open Four New Stores in 2019
Farmec Cluj-Napoca, Romania’s leading cosmetics manufacturer, also active on the retail market, plans to invest EUR2 million in production line upgrades and seeks to open four more stores by...
Kika Stores to Become XXXLutz, Mömax to Go to Every Major City in Romania
XXXLutz, an Austrian furniture and home decor retailer with EUR4.4 billion revenue, will be turning the Kika stores it bought from fellow Austrian group Signa into premium XXXLutz-branded st...
Two Romanian Plants Make Almost RON50M Revenue Assembling Bicycles for Decathlon
French-held sporting goods retailer Decathlon, which is present on about 50 markets worldwide, manufactures bicycles in two plants in Romania. Sport Mechanical Workshop in Timisoara and Next...
Dedeman Net Profit Tops RON1B in 2018
DIY retailer Dedeman had a profit of RON1.013 billion in 2018, up 14% on the year, and its turnover stood at RON7.22 billion, up 14% compared with 2017.
Fashion Group LPP Headed to RON400M Sales After Budgeting 50% Growth
Polish-held fashion group LPP, which has been operating in Romania for more than a decade now, saw its local sales go up 43% to 273 million lei (EUR57 million) in 2018 and expects growth at...
Kaufland Opens First Store in Rural Romania, Reaches 125 Stores Locally
German-held retailer Kaufland opens its first store in a rural area in Romania on Thursday, in Crevedia, reaching 125 hypermarkets in Romania.
Immofinanz Rental Income in Romania at EUR12.6M in 1Q/2019
Austrian property developer Immofinanz had revenues of EUR12.6 million in the first quarter from renting its 17 office and retail properties in Romania, assessed at EUR634 million, it said i...
eMag Group Tops EUR1B Sales Mark in 2018
Dante International, which operates eMag – the biggest online retailer in Romania, and Fashion Days – the biggest fashion online retailer in Romania, has a turnover of RON4.24 billion in 201...