Retail&Consumer
Cinema And Entertainment Area Of Baneasa Shopping City Hosts More Than 150 Events Every Year
Grand Entertainment, the cinema and entertainment area of Baneasa Shopping City mall, hosts more than 150 events every year, and one of the latest events is ICCEfest. This is the largest eve...
International Fashion Retailers See Growth In Romania Despite International Problems
International fashion retailers are growing fast in Romania while experiencing turmoil abroad. The top five players on the local apparel market – foreign-held giants Inditex (Zara), H&M, Pep...
Dutch Group AkzoNobel To Acquire Romanian Paints Maker Fabryo
Dutch Group AkzoNobel has entered into an agreement to acquire 100% of the shares of Fabryo Corporation S.R.L. (Fabryo), owned since 2009 by Swedish invetsment fund Oresa Ventures.
Top Ten Malls In Bucharest Headed Towards RON1B Revenue
The ten largest shopping centers in Bucharest posted 970 million lei (some EUR210 million) revenue together in 2017, about 20% higher than in 2016, when their revenue stood at RON823 million...
Kaufland Opens Store in a Tent in Romanian Seaside Resort
German retailer Kaufland opened the first hypermarket set up in a tent in the seaside resort of Mamaia after opening a similar store last summer in the central Romanian resort of Sovata.
Alexandrion Group Completes Halewood Acquisition
Alexandrion Group, the largest local spirits producer, has completed the acquisition of six winemaking companies in Romania from Halewood International Holding PLC, the company said Thursday...
Ten Modern Retailers’ Revenue Up 11% To RON53B In 2017
The ten chains in Romania’s modern grocery retail posted more than 53 billion lei (EUR11 billion) revenue in 2017, 11% above the 2016 level.
Vacation Vouchers Tripled in Jan-Apr, to EUR12.5B
Over one million vacation vouchers were issued in January-April 2018, totaling EUR12.5 million, triple compared with the same period last year and nearly nine times higher than in the same p...
Arsis Trading Revenue Up To RON151M In 2017
Arsis Trading the largest GSM retailer owned by a Romanian entrepreneur, posted 150.6 million lei (EUR32 million) revenue last year, 2% higher than in 2016, data available on the Finance Min...