Retail&Consumer
Farmec Cluj Set To Open Ten Stores In 2018
Cosmetics manufacturer Farmec based in Cluj-Napoca (NW Romania) will continue expansion of its Farmec and Gerovital single-brand retail chain by 10 stores next year, progressing at about the...
Narcoffee Roasters Opens Unit In Prague, The First Outside Romania, In EUR80,000 Investment
Narcoffee Roasters, the special coffee shop chain launched in Cluj-Napoca by entrepreneurs Marcelus Suciu and Dan Isai, has opened its first franchise, in Prague, following an investment of...
Romanian Consumers Spend EUR83M A Year On Luxury Cosmetics
One in five lei local consumers spend on luxury cosmetics goes to online stores, market data show. Romanian consumers spend about EUR83 million on premium and luxury perfumes, makeup and car...
Schwarz Group Accounts For 20% Of Grocery Retail In Romania
Germany’s Schwarz group, which owns Kaufland hypermarket chain and Lidl discount store chain, now accounts for almost 20% of the grocery retail in Romania, put at 77.6 billion lei (EUR17 bil...
Taco Bell Opens Its First Restaurant In CEE, In Bucharest’s Baneasa Shopping City, In EUR350,000 Investment
Taco Bell, the American chain of fast-food restaurants serving a variety of Tex-Mex foods, will be opening the first restaurant in Central and Eastern Europe (CEE), in capital city Bucharest...
Penny Market Expects Sales Growth To More Than RON3B in 2017
Discount store chain Penny Market will see more than 3 billion lei (EUR656 million) sales in 2017, up about 8% on 2016.
Dedeman Buys 2.7 Ha Plot Near AFI Tech Park And Vulcan Value Centre in Bucharest
DIY retailer Dedeman held by brothers Adrian and Dragos Paval in Bacau has signed the agreement to buy a 27,000-square meter plot in Bucharest Sector 5 on the Progresului Street from flax an...
KFC, Pizza Hut Operator To Issue IPO for 25% Stake
Sphera Group, operator of KFC, Pizza Hut, Pizza Hut Delivery and Taco Bell franchises in Romania, announced Monday it plans to issue an initial public offering on the Bucharest Stock Exchang...
Baneasa Shopping City Operator To Invest EUR1.7B in Expansion By 2026
Baneasa Developments, the operator of the Baneasa Shopping City mall in northern Bucharest, plans to invest around EUR1.7 billion by 2026 to expand its shopping area, residential and office...