Retail&Consumer
Eurostat: Romania Triples External Deficit In Trade Of Goods In 2000-2017
Between 2000 and 2017, Romania registered a continuous deficit in the trade of goods with the rest of the world (imports exceeded exports), which tripled from EUR3.7 billion to EUR11.9 billi...
Bookstore Chain Carturesti Continues Expansion
Bookstore chain Carturesti of entrepreneurs Nicoleta Dumitru and Serban Radu continues expansion in Romania and will open bookstores in Baia Mare, Sibiu and Craiova by yearend, as well as a...
Mobexpert Sales Up 14% In H1
The sales of furniture retailer Mobexpert went up 14% in the first half of 2018 over the year-ago period, mostly driven by online sales.
Elvila Turnover Falls 10%, Loss Deepens 46% in 1H
Romanian furniture manufacturer Elvila (ELV.RO) on Thursday reported a turnover of RON24.25 million in the first half of the year, 10% lower than in the same period in 2017, while its net lo...
Romania Has One of the Lowest Shopping Center Densities in Europe
Romania's shopping center density is of just 107 square meters per 1,000 inhabitants, seven times lower than Estonia and half compared with Czech Republic or Slovakia.
Survey: Travel Vouchers Bolster Romania’s HORECA Industry Growth To Over RON15B
Romania’s hotels, restaurants and coffee shops (HORECA) industry has increased to over RON15 billion in 2018, upheld by travel vouchers, according to an analysis by consulting firm Frames.
City Grill Group 1H Turnover Up 15% On Year To RON81M
City Grill Group, which currently administers 19 restaurants and coffee shops, reported a turnover of RON81 million for the first six months of 2018, up 15% from the year-earlier period.
German Group Delivery Hero SE Acquires hipMenu Food Delivery Platform
German group Delivery Hero SE, which owns the foodpanda.ro food delivery app in Romania, has acquired local food delivery platform hipMenu, developed by Dan Klausmeier and Ciprian Costa.
Romanian Bicycle Brand Pegas Lists On Amazon; To Open Ten New Stores By End-2020
The Romanian bicycle brand Pegas will enter the European market by listing on five marketplaces of Amazon platform, in Spain, France, Germany, Italy and UK. The project is to be extended to...