Retail&Consumer
Businessman Omer Susli Starts HomeLux Store Chain With Former Praktiker Team
Businessman Omer Susli, who last summer sold the do-it-yourself retail chain Praktiker to UK’s Kingfisher, will open his first furniture and home décor store under the HomeLux brand in Ploie...
Fashion Retailer New Yorker Sales Up 16.5% To RON273.2M In 2017
NY’ER Romania, based in Cluj-Napoca, which operates the New Yorker stores in Romania, posted 273.2 million lei (EUR59.8 million) revenue in 2017, 16.5% higher than in 2016, ZF has calculated...
PC Garage Sees Sales Up 22% In 2017, Overtakes Cel.Ro
PC Garage, which runs one of the largest online computer and electronics products stores in Romania and became part of the eMAG group last year, posted growth of 22% in sales to 261.4 millio...
Atrium Completes Militari Shopping Center Sale to MAS Real Estate, Exits Romania
JLL has advised Atrium European Real Estate Ltd. (Atrium) on the sale of Militari Shopping Center in Bucharest, Romania, to MAS Real Estate, for EUR95 million. The transaction, signed in Apr...
Jean Baptiste Dernoncourt Leaves Carrefour Romania
French executive Jean Baptiste Dernoncourt is leaving Carrefour Romania after five years at the helm, during which he nearly doubled sales to EUR2 billion, market sources told ZF.
Shopping City Suceava Retail Sales Grow 13.5% in 2017
Retail center Shopping City Suceava, developed by investment fund Argo Real Estate in April 2008 in a EUR70 million investment, had over 4.2 million visitors in 2017, up 6% on the year, and...
Profi Expands Warehouse in Logicor Ploiesti Logistical Center
Profi Rom Food SRL, the company that operates the Profi supermarket chain in Romania, will be expanding its distribution warehouse in the logistical park Logicor Ploiesti by approximately 20...
Romanian Retail, Office, Industrial Space Deliveries Grow 53% in 2018
Romania's real estate market registers significant growth as deliveries of retail, office and industrial spaces announced for 2018 are 53% higher compared with 2017, according to a report by...
Greek Chain Gregory’s Returns to Romania, Seeks 80 Units in Five Years
Gregory’s, the largest coffee & Greek deli chain in Greece, has officially announced it will return to Romania and seeks to open 80 franchised units in the next five years.