Retail&Consumer
Home And Lifestyle Retailer Vivre Posts EUR35M Revenue In 2017
Home and lifestyle retailer Vivre ended 2017 with EUR35 million revenue, an increase of 28% on the previous year in the eight countries in the region where it sells its products online.
KFC Invests EUR1M in Drive-Through Unit in Bucharest
Fast-food restaurant chain KFC is opening a drive-through restaurant in Bucharest after an investment of EUR1 million, reaching 70 restaurants in Romania and 28 in Bucharest.
City Grill Ends 2017 With 11% Higher Turnover, Of EUR34M
The City Grill restaurant group, controlled by entrepreneur Dragos Petrescu, ended 2017 with revenue of EUR33.7 million, up 11% on the year, on the backdrop of technological investments, ren...
Doraly Owners Invest EUR8M In Expanding Shopping Park In Afumati; Bet On Online
Doraly Expo Market, one of Romania’s biggest shopping parks specialized in home items and food products, held by an investment fund of HSBC, one of the world’s largest financial groups, boug...
What’s Left To Buy On Romania’s Ice Cream Market
Five ice cream manufacturers built by Romanian entrepreneurs – Betty Ice (to be taken over by Unilever), Top Gel, Alpin 57 Lux (acquired by Food Union), Kubo Ice Cream (insolvent) and Ice Dy...
Electroputere Craiova Sells Land to Shopping Mall Developer for EUR9.88M
Romanian power transformers producer Electroputere Craiova (EPT.RO) has sold tow plots of land to shopping mall developer Electroputere Parc for EUR9.88million, the company said.
Farmacia Tei And Bebe Tei Sales Up To EUR100M In 2017
Retail pharmacy chain Farmacia Tei and Bebe Tei stores of entrepreneur Roxana Maftei ended last year with 465 million lei (more than EUR100 million) revenue, according to its officials’ stat...
Auchan Has Big Plans For Small Store Segment In Romania
The small format segment – supermarkets and modern convenience stores, numbers about 1,600 stores in Romania with EUR2.5 billion annual sales, dominated by Profi, Mega Image and Carrefour, b...
Winemaker Purcari Launches IPO To Sell 49% Stake
Winemaker Purcari on Monday launched an initial public offering on the Bucharest Stock Exchange for 49% of its shares and seeks to raise RON186-274 million (EUR40-60 million).