Retail&Consumer
City Grill Group 2018 Turnover Up 11% On Year To EUR37.7M
City Grill Group, one of the leading players in the local restaurant industry, held by entrepreneur Dragos Petrescu, reported a turnover of EUR37.7 million in 2018, up 11% versus 2017. The m...
Fashion Days: Mobile Orders Up 20% On Year In 2018
Customers of Fashion Days, the largest online fashion retailers on the Romanian market, placed over 1.3 million online orders in 2018, with the average of orders in 2018 for each customer re...
Profi Budgets EUR100M for Investments in 2019
Profi retail chain held by buyout investor Mid Europa Partners, ended last year with more than 900 stores after having opened some 230 new ones in 2018 alone.
Gross, Penny Market: We Have 20-25 Store Openings Budgeted For 2019
Discount retail chain Penny Market has more than 230 stores in Romania and plans to open another 20 to 25 in 2019, which makes for a faster expansion pace than last year. It opened 18 Penny...
C&W Echinox: Colosseum Expansion – Largest Retail Development in Bucharest in 3 Years
The expansion of the Colosseum commercial center in the north-western part of Bucharest is the largest, retail development in Bucharest during the last three years, a period during which the...
Takeaway.Com Now Works with 800 Partner Restaurants in Romania
Dutch-held online food delivery marketplace Takeaway.com is now working with about 800 restaurants in Romania, 200 more than almost a year ago when it took over the local start-up Oliviera.r...
Romanian Tourism Association, 13 Agencies Fined EUR2.45M for Antitrust Practices
Romania's antitrust authority has fined 13 travel agencies and the country's national tourism association ANAT a total of EUR2.45 million for acting concertedly to keep vacation prices high.
Farmacia Tei Close To EUR100M Sales With Only 5 Pharmacies
Retail pharmacy chain Farmacia Tei of entrepreneur Roxana Maftei ended last year with EUR96 million sales, up 45% on the previous year, the company officials say.
Online Fashion Retailer FashionUP Posts 20% Higher Sales, Of RON19M, In Jan-Sept 2018
FashionUP, one of the leading online clothing retailers in Romania, registered total sales of RON19 million in January-September 2018, up 20% year-on-year.