Retail&Consumer
Dedeman Profit Nears RON1B
Do-it-yourself retailer Dedeman, the largest entrepreneurial company in Romania, saw profit up by nearly 25% year-on-year in 2017. Last year’s profit stood at 889 million lei (some EUR193 mi...
Sphera Franchise Steps Up Expansion, Opens 26 Restaurants In 2018
Sphera Franchise Group plans to open 26 restaurants this year, speeding up expansion. The company operates the KFC franchise in Romania, the Republic of Moldova, and some parts of Italy, as...
Retail Area Of Baneasa Platform Generates Over EUR500M Revenue
“Baneasa Shopping City has become a landmark for Bucharest, and in its ten years in business has positively influenced the development of the northern of the city.”
GfK: Romania FMGC Market Grows 13% in 1Q
Romania’s fast moving consumer goods (FMCG) market rose 13% on the year in the first quarter by value and grew 7.4% by volume, due to growing inflation and increased volumes, according to da...
Neogen Invests EUR500,000 in Frisbo, To Reach 20% Ownership
Neogen group, owned by Romanian entrepreneur Calin Fusu and investment fund Tiger Global, has taken over 20% of Frisbo, which provides storage and order processing services for online stores...
Mega Image To Open Around 70 Stores This Year, Expands to Western Romania
Dutch-Belgian retailer Mega Image, the second-largest supermarket and convenience store chain in Romania, plans to continue expansion and open around 70 stores this year.
Deichmann 2017 Turnover In Romania Up Nearly 9% To RON414M
German footwear retailer Deichmann registered a turnover of RON414 million in Romania in 2017, up nearly 9% on the year, after opening eight new stores, and plans to open nine more units in...
CBRE: Top 3 Transactions on Romanian Property Market Total EUR300M
The top three transactions on the Romanian property market in 2018 total EUR300 million and targeted retail and office spaces, a study by real estate consultancy firm CBRE showed Thursday.
NEPI Rockcastle To Refurbish Mega Mall Food Court Area for EUR3.5M
NEPI Rockcastle, leader on the retail real estate market in Central and Eastern Europe, will invest EUR3.5 million in refurbishing the food court and entertainment area in Bucharest's Mega M...