Retail&Consumer
Romania Durable Goods Market Grows 17% in Jan-Sept, to EUR2.2B
The Romanian durable goods market grew 17% on the year in the first three quarters, to EUR2.2 billion, an analysis by GfK showed Wednesday.
Decathlon Reaches 5 Stores In Bucharest, 23 In Romania After Opening Unit In Veranda Mall
French-held sporting goods retailer Decathlon will be opening Thursday its fifth store in capital Bucharest, within Veranda shopping center in the Bucur Obor area, and its 23rd in Romania.
Private Labels Start Gaining Ground In Pharmaceutical Retail
Pharmacy chains Catena and Sensiblu, the two largest pharmaceutical retailers in Romania, have introduced private label products in their stores, using the model already implemented by hyper...
Futureal Group Sells Stake in ParkLake Shopping Mall for EUR19M
Hungarian real estate development group Futureal has sold its stake in ParkLake shopping center in Bucharest for EUR19 million, the company announced Monday.
Romanian Verla Takeover by France's Antalis Falls Through
The deal whereby Romanian advertising materials distributor Verla was to be bought by French group has fallen through after months of negotiations.
Mega Image Headed Towards RON6B Sales In 2018
Dutch-Belgian-held retailer Mega Image is headed towards 6 billion lei (EUR1.28 billion) sales in 2018, if it is able to maintain the almost 20% growth pace it saw in the first half of the y...
Former Praktiker Owner Opens First HomeLux Store, Plans To Reach 20 Units In Next 5 Years
Businessman Omer Susli, the former owner of do-it-yourself (DIY) retail chain Praktiker, has opened in Ploiesti the first store of the furniture and home décor chain HomeLux and plans to rea...
Sphera Franchise Group Seeks To Double Network Of Restaurants To 242 By 2022
Sphera Franchise Group has 131 restaurants under a number of brands on several markets and wants to have almost double as many by 2022 or 242 in all.
Top Three Grocery Retailers In Romania Posted 10% To 20% Growth Rates In H1
The three most powerful retailers in Romania – Kaufland, Carrefour Romania and Lidl, have increased their first half sales at a rate of 10% to 20%.