Retail&Consumer
Komoder Opens Showroom in Barcelona, Targets EUR3M Sales in 2018
Romanian massage chair distributor Komoder opened a showroom in Barcelona this month,a EUR30,000 investment, part of its European expansion strategy, and targets sales of EUR3 million in 201...
Adidas Closes Store In Bucharest Old Town Seven Years After Inauguration
Adidas, one of the largest sporting goods manufacturers in the world, closed the store it opened in Bucharest’s Old Town seven years ago, without commenting on the decision. The few retailer...
Jovan Radosavljevic Takes Over as Coca-Cola Romania General Manager on May 1
Jovan Radosavljevic was appointed general manager of Coca-Cola HBC Romania as of May 1, replacing Jaak Mikkel, who will be taking over the management of Coca-Cola HBC Poland, the company sai...
Online Segment About To Dominate Computer And Electronics Retail In Romania
*Specialist retailers remain the most important sales channel on the computer and electronics market, with a little less than 40% market share. *The online commerce is catching up fast, narr...
Businessman Omer Susli Uses Money From Praktiker Sale To Start New Retail Chain
Omer Susli, the businessman who sold the Praktiker DIY chain to UK’s Kingfisher last summer, is now preparing to open two stores that will sell furniture and home décor.
Online Fashion Retailer FashionUP Sales Up 40% To Over RON30M In 2017
FashionUP, one of the leading online fashion retailers in Romania, posted growth of 40% in revenue to more than 30 million lei (EUR6.5 million) in 2017.
Amicii Ice-Cream Producer Goes Bankrupt
Kubo Ice Cream, one of the largest ice-cream producers in Romania, which makes the Amicii ice-cream brand, entered bankruptcy nearly two years after going insolvent.
Kaufland Overshoots RON10B Revenue Mark In 2017
German-held hypermarket chain Kaufland, the leader of grocery retail in Romania, ended last year with 10.1 billion lei (over EUR2 billion) revenue, 4% higher than in 2016, ZF has found.
Starbucks Wants To Double Romanian Network In 3-4 Years
US-held café chain Starbucks has doubled its network to 38 cafés in Bucharest and the big cities of Romania in the past three years. The company’s plans are to double its network again over...