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Six Expats And Four Romanians Run A RON50B Market In Romania
Retail&Consumer

Six Expats And Four Romanians Run A RON50B Market In Romania

Ten Romanian and foreign executives run the local modern grocery retailers, which make an about 50 billion lei (almost EUR11 billion) market and have more than 75,000 employees.

Loredana Frățilă-Cristescu · 22.08.2017 · 10:10 · 1 min
LC Waikiki Sales Up To Almost RON200M In 2016
Retail&Consumer

LC Waikiki Sales Up To Almost RON200M In 2016

Turkish-held fashion retailer LC Waikiki saw an increase in revenue by almost 50% to almost 200 million lei (EUR44 million) last year.

Loredana Frățilă-Cristescu · 22.08.2017 · 10:07 · 1 min
AFI Europe Romania Net Operating Income Up 11.5%, to EUR24.7M in 1H/2017
Companies

AFI Europe Romania Net Operating Income Up 11.5%, to EUR24.7M in 1H/2017

Property developer AFI Europe Romania registered a net operating income of EUR24.7 million in the first six months, 11.5% higher than in the same period last year.

Oana Gavrila · 21.08.2017 · 12:57 · 1 min
Baneasa Shopping City, AFI And Mega Mall Account For Half Of Top Ten Mall Revenues In Bucharest
Retail&Consumer

Baneasa Shopping City, AFI And Mega Mall Account For Half Of Top Ten Mall Revenues In Bucharest

The ten largest shopping centers in Bucharest posted 878 million lei (EUR195.1 million) revenue together last year, according to ZF’s calculations based on the data published on the Finance...

Loredana Frățilă-Cristescu · 21.08.2017 · 00:00 · 2 min
Mega Image Opens Two Supermarkets, In Cluj And Mamaia, And Two Shop&Go Units In Bucharest
Retail&Consumer

Mega Image Opens Two Supermarkets, In Cluj And Mamaia, And Two Shop&Go Units In Bucharest

Mega Image is opening the second supermarket in Cluj-Napoca and the first one in seaside resort of Mamaia, as well as two Shop&Go units in capital Bucharest, reaching a total network of 557...

Ecaterina Craciun · 18.08.2017 · 13:09 · 1 min
Cocor Posts Profit of RON735,000 in 1H/2017
Companies

Cocor Posts Profit of RON735,000 in 1H/2017

Shopping center operator Cocor Bucuresti (COCR.RO) reported a net profit of RON735,000 in the first six months of the year, from a profit of RON1.95 million in the same period last year.

Oana Gavrila · 18.08.2017 · 11:19 · 1 min
How The Computer And Electronics Market Changed In A Decade
Retail&Consumer

How The Computer And Electronics Market Changed In A Decade

The computer and electronics market has gone through significant changes in the past decade, which reconfigured not only the ranking of the largest actors but also its basic structure.

Loredana Frățilă-Cristescu · 18.08.2017 · 10:16 · 3 min
McDonald’s Becomes Second Largest Player On Romania’s Coffee Shop Market, With Over RON36M Turnover
Retail&Consumer

McDonald’s Becomes Second Largest Player On Romania’s Coffee Shop Market, With Over RON36M Turnover

U.S. fast-food restaurant chain McDonald’s has reached a total 26 coffee shops in Romania, under the brand McCafe, which contribute 6% to the group’s turnover on the local market, namely, wi...

Ecaterina Craciun · 17.08.2017 · 17:54 · 1 min
GfK: Sales Of Large Household Appliance In Romania Up 5.3% To EUR239M 1H/2017
Retail&Consumer

GfK: Sales Of Large Household Appliance In Romania Up 5.3% To EUR239M 1H/2017

Sales of large household appliance rose 5.3% to EUR239 million in January-June 2017, considering that emerging categories, such as incorporable appliances, were the only ones to see double-d...

Ecaterina Craciun · 17.08.2017 · 14:02 · 1 min