Retail&Consumer
Brazilian Online Commerce Solutions Provider VTEX Seeks 20 Customers In Its First Year In Romania
Brazil-based VTEX, an electronic commerce software solutions provider, has recently entered Romania where it plans to gain 20 customers in the next twelve months.
Bog’Art To Build Second IKEA Store in Bucharest
Bog’Art, one of the biggest construction companies in Romania, will build IKEA's second store in Bucharest and works start in October, said company general manager Sorin Greu.
Diverta Opened Three New Stores, Sales Up20% in 1H
Diverta, the Romanian bookstore chain owned by businessman Radu Octavian, opened three new bookstores this year and its turnover grew 20% in the first six months compared with the same perio...
France's Savencia Fromage & Dairy Buys Additional 20% in Romanian Delaco
France's Savencia Fromage & Dairy (formerly Bongrain), a EUR4.4 billion business, bought an additional 20% in Romanian cheese manufacturer Delaco Distribution, reaching a 72% stake.
Farmacia Ardealul Headed Towards RON60M Revenue In 2017
Farmacia Ardealul, a family business established in Piatra Neamt (NE Romania) 25 years ago, posted 54 million lei (EUR11.7 million) revenue last year, an increase of about 10% on 2015, and i...
Private Label Share Of FMCG Market Down For First Time In A Decade
The share of private labels in the fast-moving consumer goods market reached 15.3% at the end of the first quarter, down 0.3% on the year-ago period.
Rewe Completes Remodeling Of XXL Mega Discount Stores Under Penny Market Format
German Group Rewe, present in Romania with Penny Market store chain, has completed the remodeling process of XXL Mega Discount stores with the opening of the unit in Fundeni (Bucharest) unde...
Altex Opens Second Store This Year, Reaches 98-Unit Network
Altex, Romania’s largest retailer of electronics, home appliances, IT&C and multimedia products, will be opening a new store, in Dorohoi- the first Altex unit in the locality and the second...
Colosseum Retail Park Reaches 100% Occupancy
Colosseum Retail Park, developed by Nova Imobiliare SRL, reached 100% occupancy, by securing 1,300 sqm retail spaces for the Turkish retailer LC Waikiki, property manager JLL, which negotiat...