Retail&Consumer
Eurostat: Romania Imports EUR335.3M Worth Of Clothing Items In 2018
Romania imported EUR335.3 million worth of clothes in 2018, higher than EUR278.34 million a year before, Eurostat, the statistical office of the European Union, said on Monday.
Austrian Cineplexx Acquisition of Baneasa Shopping City Cinema Confirmed
Austrian giant Cineplexx International is acquiring Grand Cinema & More within Baneasa Shopping City in northern Bucharest for an undisclosed multi-million euro amount.
Kaufland Bought 40 Plots of Land for Expansion over Next Four Years
Kaufland, the leader of the local retail by sales, has 40 plots of land it bought in order to open ten stores a year in 2019-2022, market sources told ZF. The network currently numbers more...
Selgros to Open Store in Baia Mare, Expects 6% to 7% Growth in 2019
Selgros Cash & Carry, which arrived in Romania in 2001, will open a new store this year, in Baia Mare. The company has a network of 22 stores in Romania at the moment, four of which small fo...
Carturesti To Open Bookstore On Groundfloor Of America House Office Building In Bucharest
Bookstore chain Carturesti of entrepreneurs Nicoleta Dumitru and Serban Radu, will be opening a bookstore on the ground floor of America House office building, located in Bucharest’s Victori...
Penny Market to Invest RON2.3B in Romania by 2025
German-held discount store chain Penny Market invested 346 million lei (EUR72 million) last year, directing the money to the opening of 15 new stores, remodeling of already existing ones to...
Polish Retailer VOX Enters Romanian Market
Polish interiors and furniture retailer VOX has entered the Romanian market, and the master franchise for the Romanian market is held by Scandinavian Design House, a company held by entrepre...
CBRE Takes Over Administration Of NEPI Rockcastle’s Three Office Buildings In Bucharest
Real estate consulting firm CBRE has taken over the administration of the three office buildings of South-African real estate developer NEPI Rockcastle in capital city Bucharest, namely, the...
French Clothing Manufacturer Lacoste Sells Factory In Sibiu To Chinese Firm Sunrise Knits
French clothing manufacturer Lacoste is selling its factory in Cisnadie (Sibiu County), which has some 400 employees, to Chinese company Sunrise Knits, part of Youngor Group.