Retail&Consumer
Agricola Group Posts 10% Turnover Growth in 2018, to RON737M
Meat processor Agricola Group had a total turnover of approximately RON737 million in 2018, up 10% on the year, the company said Tuesday.
Smithfield Buys Local Meat Business in Arad, Western Romania
Smithfield, the largest pork producer in Romania and globally, has recently acquired local meat processor Maier Com in Arad, western Romania.
Antitrust Body Fines Large Retailers, Suppliers EUR18.8M for Price Fixing
Romania's antitrust body said Thursday it has fined retailers Auchan, Cora and Carrefour, as well as four of their suppliers, a total of RON87.7 million (EUR18.8 million) for price fixing.
Metro Cash & Carry Revenue Up 10% in 2018
German-held Metro Cash & Carry, which entered Romania more than two decades ago, saw its revenue up 10% to EUR1.08 billion in 2018. This is the highest increase in the past 12 years.
Austria’s Real Estate Developer Supernova Enters Romanian Market With Project In Sibiu
Austrian group Supernova, leader in the development and management of shopping malls and retail parks in Slovenia and Croatia, is entering the Romanian market and will be developing its firs...
Miele Turnover Grows 35% in 2018, to EUR8.5M
German-held retailer Miele, which sells premium home appliances, had its best year in Romania in 2018, with 35% growth in turnover, to EUR8.5 million, the company said Monday.
AFI to Start Construction of EUR40M Retail Park in Arad
Real estate developer AFI Europe, which owns the AFI Cotroceni mall in Bucharest among others, says it will begin construction of a retail center in Romania by yearend.
evoMag Doubles Sales Of Healthcare Products; Eyes 50% Growth By End-2019
Online IT retailer evoMAG, one of the largest players on the local profile market, has doubled the sales of healthcare products and expects a 50% growth by the end of the year.
Polish Retailers Conquer Romanian Market: Ten Retailers See RON1.5B Sales From 400 Stores
Ten Polish retail companies operate in Romania where they have a total of 400 (online and offline) stores and sales of more than 1.5 billion lei (EUR318 million) in 2018, according to ZF est...