Retail&Consumer
Retailer Profi Overshoots EUR1B Revenue Mark
Retailer Profi, held by buyout investor Mid Europa Partners, ended last year with 4.7 billion lei (more than EUR1 billion) revenue, up 35%, the same as the previous year.
Poland’s CCC Pays EUR33M For Its Store Franchise In Romania
Poland’s CCC group, which owns almost 900 footwear stores on 16 markets, is taking over the franchise in Romania. The seller is the Peeraj group, one of the largest players on the local fash...
Diverta Targets 20% Growth in Sales in 2018, to EUR15M
Diverta, the Romanian bookstore chain owned by businessman Radu Octavian, ended 2017 with a turnover of EUR12.5 million and targets double-digit growth this year.
Starbucks Opens First Drive Thru Coffee Shop in Romania
Starbucks, the world's biggest coffee shop chain, has opened its first Drive Thru coffee shop in Romania, in the Militari shopping center in Bucharest.
Kaufland Opens 117th Store in Romania Wednesday
German-held Kaufland on Wednesady opens its second store in Satu-Mare, northern Romania, its 117th in the country.
Modern Retail To Continue Expansion To 3,500-4,000 Stores In Romania
Modern retail reached more than 2,200 stores in Romania at the end of last year, almost five times more than in 2008, the last year of economic boom.
Carrefour Overshoots EUR2B Revenue Mark In Romania In 2017
The gross revenue of the Carrefour group in Romania went beyond EUR2 billion for the first time since its arrival in this country.
Confectionery Chain ANA Pan Ends 2017 With RON25.5M Sales
Confectionery chain Ana Pan developed by the Copos family in the early nineties ended 2017 with 25.5 million lei (EUR5.5 million) sales, an increase of 16% on 2016 and expects the same growt...
Almost 40 Former Industrial Sites In Bucharest Redeveloped Into Stores And Office Buildings
Almost 40 former industrial sites that used to make electronic components, bread or mechanical parts have been gradually replaced by shopping centers from supermarkets and hypermarkets to ma...