Retail&Consumer
LEMS Opens Two New Stores In Nearly RON3.7M Investment
Romanian furniture manufacturer Lemet, which sells its products through its own Lem’s stores, has opened two new units in Bistrita and Iasi, respectively, within an investment of nearly RON3...
eMAG Expects Sales To Go Up To RON4.8B In 2018
The eMAG group, which operates in Romania, Hungary, Bulgaria and Poland, expects 4.8 billion lei (EUR1.03 billion) sales in 2018, up from the about RON4.06 billion last year. The retailer is...
Kaufland Sales Headed To RON11B In 2018
German-held retailer Kaufland, which has 120 hypermarkets in Romania, saw its sales up almost 9% to 5.1 billion lei (EUR1.09 billion) in the first half of 2018. Under the circumstances, if t...
Alexandrion Group Expands Retail Presence Opening Its First Store in Ploiesti
Alexandrion Group, the largest local spirits producer, has opened its first store, in Ploiesti, showcasing the group's entire alcoholic beverage portfolio.
Former Praktiker Owner Omer Susli To Open First HomeLux Store On November 22
Businessman Omer Susli, the former owner of DIY retail chain Praktiker, will open the first store of the furniture and home décor chain HomeLux on November 22.
Veranda Mall Owner Expects EUR10M Sales Until 2020, Higher By EUR2M Vs 2018
Andrei Pogonaru, the owner of the Veranda shopping center in Bucharest’s Obor area, said he expects the shopping mall to generate sales of EUR10 million until 2020. In 2018, sales are estima...
Bella Casa Store Chain Expands To Five New Towns
Fertilis, the company holding Bella Casa, one of the leading players in the sector of interior decoration materials, entered the Romanian market 20 years ago. Currently, the Bella Casa chain...
Austria's Cineplexx Invests EUR25M in 8 Movie Theaters in Romania
Austrian movie theater operator Cineplexx will invest EUR25 million to open eight cinemas in Romania by 2021, the company said in a statement Monday.
eMAG Expects RON400M Black Friday Sales, Higher By RON40M Vs 2017
eMAG, the largest online store on the Romanian market, expects sales of RON400 million on November 16, when it organizes the Black Friday sales campaign, which translates into an increase of...