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Footwear Manufacturer and Retailer Denis Sees RON100M Sales in 2018
Retail&Consumer

Footwear Manufacturer and Retailer Denis Sees RON100M Sales in 2018

Suceava-based Denis group, a footwear manufacturer and retailer, ended last year with 100.2 million lei (EUR21 million) sales, almost 30% higher than in 2017, ZF has calculated from publicly...

Loredana Frățilă-Cristescu · 15.04.2019 · 00:00 · 1 min
Carturesti Opens Its First Bookstore in Sibiu
Retail&Consumer

Carturesti Opens Its First Bookstore in Sibiu

Bookstore chain Carturesti held by Nicoleta Dumitru and Serban Radu has opened its first store in Sibiu in Sibiu Shopping City of property investment company NEPI.

Loredana Frățilă-Cristescu · 15.04.2019 · 00:00 · 1 min
Prime Kapital Announces Silk District Project In Iasi; Works May Start Until End-2019
Real Estate

Prime Kapital Announces Silk District Project In Iasi; Works May Start Until End-2019

Real estate developer and investment firm Prime Kapital, established by two of former managers of NEPI Rockcastle, plans to start works on the Silk District project, located in Romania's nor...

Ecaterina Craciun · 11.04.2019 · 19:29 · 1 min
Online Retailer Cel.Ro Sales Up 6% to RON271M in 2018
Technology &Telecoms

Online Retailer Cel.Ro Sales Up 6% to RON271M in 2018

Corsar Online, which runs cel.ro, one of the largest online stores in Romania, ended 2018 with 271 million lei (EUR57 million) sales, up 6.3% over the previous year, largely because of the s...

Loredana Frățilă-Cristescu · 10.04.2019 · 07:00 · 1 min
Romania’s Beer Market Up 3% YoY In 2018, To 16.5 Million Hectoliters
Retail&Consumer

Romania’s Beer Market Up 3% YoY In 2018, To 16.5 Million Hectoliters

Romania’s beer market grew 3% year-on-year in 2018, to a volume of 16.5 million hectoliters, with investments made in 2018 reaching EUR74.5 million, the Romanian Brewers Association said Tue...

Ecaterina Craciun · 09.04.2019 · 18:43 · 1 min
Mega Image Expands into Moldavia, Enters Bacau and Iasi
Retail&Consumer

Mega Image Expands into Moldavia, Enters Bacau and Iasi

Retailer Mega Image has opened nine new stores since the beginning of the year and acquired ten others from local retailer Zanfir in Vrancea County, for a total of almost 700.

Loredana Frățilă-Cristescu · 09.04.2019 · 08:00 · 1 min
Flanco Opens New Store, Reaches 139-Unit Network In Romania
Companies

Flanco Opens New Store, Reaches 139-Unit Network In Romania

Flanco, one of the largest players on the Romanian electro-IT market, has recently inaugurated a store in Odobesti (Valcea County), reaching a 139-unit network in Romania.

Ecaterina Craciun · 08.04.2019 · 13:51 · 1 min
Dedeman Owners Recruit Raiffeisen's Investment Manager to Run Paval Holding
Companies

Dedeman Owners Recruit Raiffeisen's Investment Manager to Run Paval Holding

Dragos and Adrian Paval, the owners of DIY retail chain Dedeman, have recruited Laurentiu Ciocarlan, head of Raiffeisen Bank's investment department, to run a private equity fund that will i...

Oana Gavrila · 05.04.2019 · 17:33 · 1 min
Profi Seeks to Expand Logistics Space to 20 Hectares to Cope with Expansion
Retail&Consumer

Profi Seeks to Expand Logistics Space to 20 Hectares to Cope with Expansion

Profi store chain held by buyout investor Mid Europa Partners has five logistics warehouses taking up 16 hectares together, and has recently inaugurated one such facility in Roman, Neamt Cou...

Loredana Frățilă-Cristescu · 04.04.2019 · 09:00 · 1 min