Retail&Consumer
Nearly Half of Romanians Buying Online Prefer Payment on Delivery
Romanians, as most Europeans, are more and more attracted to online payments, but nearly half of Romanians (46%) making online purchases prefer to pay cash or card on delivery, compared with...
Carrefour Sales in Romania Grow 8.1% in 1H/2018, to EUR993
French retail chain Carrefour registered gross sales (with value-added tax) of EUR993 million in Romania in the first half of the year, 8.1% higher than in the same period last year.
Boromir Majority Holder Seeks to Buy Out Minority Holders for RON3.56M
Boromir IND, the company that owns 97.6% of the share capital of milling and bakery company Boromir Prod Buzău (SCPU.RO), offers RON3.56 million to minority shareholders for the remaining st...
Dairy Producer Olympus Invests EUR20M in New Production Line
Greek dairy producer Olympus, which owns a dairy factory in Brasov county, central Romania, has invested over EUR20 million in a new production line and will launch a new brand of Greek yogu...
Inditex Opens Zara Home and Oysho Stores in Timisoara, Western Romania
Spanish group Inditex will open the first Zara Home and Oysho stores in Timisoara, western Romania, in the Openville project, and the group's five stores in the local Iulius Mall shopping ce...
Dedeman Gets Antitrust Clearance to Buy Cemacon
The takeover of brick manufacturer Cemacon and its real estate division Cemacon Real Estate SRL by Dedeman and PIF Industrial, companies that are part of the same group, has received antitru...
Ploiesti Shopping City Invests EUR1M in Food Court Remodel
Ploiesti Shopping City, developed by Carrefour Property Romania and NEPI Rockcastle, will invest EUR1 million to remodel its food court area, which will get five new tenants.
Fashion Days Aims For Higher Than Market Average Growth, Profitability
Online fashion retailer Fashions Days held by local company Dante International, which also operates eMAG, plans to grow sales at a higher rate than the rest of the market this year 7% to 8%...
Romania Becomes Kaufland’s Second Biggest Market
German-held retailer Kaufland, which has 119 hypermarkets in Romania, posted 10.1 billion lei (EUR2.2 billion) revenue in the country in 2017, which makes this market its second biggest afte...