Retail&Consumer
De’Longhi Tops RON1B Turnover in Romania in 2018
Italian home appliances manufacturer De’Longhi, a family business with a history of more than a century that started operations in Romania in 2013, reached a turnover of RON1.2 billion in 20...
Discount Retailer Pepco Sales Up 35% to RON900M in 2018
Polish-held discount retail chain Pepco, which sells products at prices starting from 1.99 lei (EUR0.41) posted about 35% increase in sales to almost RON900 milion in 2018. The sales are mor...
Profi Becomes First Retailer in Romania to Overshoot 1,000-Store Mark
Supermarket and convenience store chain Profi has grown to 1,005 stores in about 500 cities in Romania and is the first retail to achieve this feat. The company’s plans will not stop at this...
Online Bookstore Libris.ro Eyes 30% Higher Sales, Of Over RON50M, In 2019
Online bookstore Libris.ro targets a 30% increase in sales, to over RON50 million, in 2019, after reporting a turnover of RON40 million in 2018, up 28% versus 2017.
Altex Sales Up to Over RON3.5B in 2018
Computer and electronics retailer Altex saw its sales grow by 8% to more than 3.5 billion lei (EUR735 million) in 2018, while profit rose by 30% to RON63.5 million year-on-year.
McDonald’s Sales Up 15% to RON780M in 2018
Fast food restaurant chain McDonald’s, the leader of the market in Romania, ended last year with 780 million lei (EUR164 million) sales, some 15% higher than in 2017. McDonald’s sales have b...
Romania Contributes 4% of Global Revenue of Kaufland and Lidl Owner Schwarz
German-held Schwarz group, which owns the low-price hypermarket chain Kaufland and discount store chain Lidl, posted EUR104.3 billion revenue last year, up 7.4%. This was the first time ever...
Openville Timisoara Rebranded as Iulius Town
Openville Timisoara, a EUR220 million real estate project developed by Iulius and Attenbury Europe, is being rebranded as Iulius Town and is set to become a regional business hub and the lar...
Sphera Franchise Group 1Q Sales Grow 26%, Profit Slumps 90%
Sphera Franchise Group, which manages over 100 restaurants under the KFC, Pizza Hut and Taco Bell brands, said Wednesday its consolidated sales grew 26% in the first quarter, to RON214.7 mil...