Retail&Consumer
Sporting Goods Retailer Intersport Expects 5% Growth In Sales In 2018
Sporting goods retailer Intersport, which currently operates 29 stores, has budgeted two new stores for this year, as well as growth of 5% in sales to almost 200 million lei (EUR43 million).
Catalin Pozdarie, Hervis: 2017, Our Best Year In Romania Ever
Sporting goods retailer Hervis ended last year with gross revenue of about EUR41.5 million, which makes 2017 its best year since arrival in Romania, general manager Catalin Pozdarie says.
Diverta Posts 25% Sales Growth In Q1
Diverta, the bookstore chain held by the Romanian businessman Octavian Radu, has increased its sales by about 25% in the first quarter compared with the year-ago period, according to the pre...
Help Net Retail Pharmacy Chain Sees EUR128M Revenue In 2017
Help Net, the retail pharmacy chain of businessman Ovidiu Buluc, ended 2017 with EUR128 million revenue, an increase of about 8% on 2016, according to ZF’s calculations. The number of pharma...
Fashion House Outlet Center Bucharest Sales Grow 10% in 2017
Retail sales of Fashion House Outlet Center Bucharest grew 10% in 2017, making it the best year in seven years for Fashion House Group, part of Liebrecht & wooD Group, a European real estate...
Schweighofer Sells Its Forests in Romania to Swedish GreenGold Group
Austrian timber giant Schweighofer Group is selling more than 14,000 hectares of forest land it owns to Romania to Sweden's GreenGold Group for an undisclosed amount, the company said in a s...
IKEA Wants to Open Third Romanian Store in Timisoara
IKEA is looking to open its third store in Romania just outside Timisoara and has already bought the land in Dumbravita commune.
Kingfisher Paid EUR16M for Praktiker
UK's Kingfisher, which bought DIY chain Praktiker from businessman Omer Susli last year, paid GBP14 million (EUR16 million) for the 26 stores, according to a report on the London Stock Excha...
S Immo Completes EUR30M Remodel of Bucharest Sun Plaza Shopping Mall
Austrian-held real estate developer S Immo has completed a EUR30 million remodel of its Sun Plaza shopping center in Bucharest.