Retail&Consumer
Independent Retailer OTOTO Readies To Open Its 4th Store In Bucharest, 2nd In Vienna
Ototo, a retailer that brings hundreds of independent brands under its umbrella, continues its expansion both in Romania and abroad, namely, in Vienna, where it has already opened its first...
Profi Gets EUR20M Loan From Banca Transilvania, EBRD Guarantees Up To EUR10M
The European Bank for Reconstruction and Development (EBRD) has announced in a press statement a partnership with lender Banca Transilvania to support the supply chains of Profi.
Louis Vuitton Opens Store On Ground Floor Of Athénée Palace Intercontinental In Bucharest
Louis Vuitton, one of the biggest names in the luxury industry, has opened a new store on the ground floor of the Athénée Palace Intercontinental Hotel on Calea Victoriei in Bucharest. The b...
Complice.ro: Average Budget For Experiential Gifts At RON550 In 2024
The average budget for experiential gifts has reached RON550 in 2024, according to representatives of Complice.ro, the online store providing various packages containing multiple experiences...
Dan Ostahie Takes Over Brico Dépôt DIY Stores from Kingfisher for EUR70M
Dan Ostahie, one of the most powerful local entrepreneurs, Altex founder, has acquired the local operations of DIY retailer Brico Dépôt from Britain’s Kingfisher for EUR70 million (enterpris...
Carrefour Romania To End 2024 With 178 Express Units Across Romania
Carrefour Romania will end 2024 with a network of 178 Express units nationwide, after opening 16 integrated stores and six franchise stores.
Auchan Becomes Anchor Tenant In EUR500M Project Developed By IULIUS And Atterbury Europe In Cluj-Napoca
RIVUS, the industrial reconversion and urban regeneration project in Cluj-Napoca, developed by IULIUS and Atterbury Europe, an investment estimated at EUR500 million, will have Auchan as anc...
Kaufland Opens Its Second Unit In Calarasi, Reaches 187 Hypermarkets In Romania
German retailer Kaufland has inaugurated on Dec. 12 its second store in the town of Calarasi, reaching a network of 187 hypermarkets in Romania.
Intersport Puts Romanian Nicolae Mogos In Charge Of Its Local Operations
Sporting goods retailer Intersport, one of the most powerful actors in this market by turnover and number of stores, has appointed Romanian executive Nicolae Mogos to the position of general...