Retail&Consumer
Five International Big Names Looking At Romania’s Café Market
Two international coffee shop chains – Esquires Coffee and Costa Coffee, three coffee distributors – Moak, illy and stretto, as well as a number of private equity firms are looking at the Ro...
Problems in Turkey Drive Online Travel Agency Paravion Insolvent
Romanian online travel agency Paravion, part of Happy Tour group, controlled by Spanish investment fund GED Capital, will enter insolvency starting August 8, citing problems on the Turkish m...
Kingfisher Buys Praktiker Romania DIY Chain
Britain's Kingfisher plc, which owns Brico Depôt Romania, announced it has reached an agreement to take over 100% of do-it-yourself chain Praktiker Romania SRL.
Auchan Opens Its First Supermarket in Bucharest This Year
French retailer Auchan will bring a new format to the Romanian market and is set to open its first supermarket in Bucharest by the end of the year.
Dedeman Opens New Store in Iasi in EUR16.5M Investment
Do-it-yourself retailer Dedeman, the largest entrepreneurial business in Romania, built by brothers Adrian and Dragos Paval, on Wednesday opened a new store in Iasi, northeastern Romania, fo...
Generics Manufacturer Zentiva Posts Net Profit of RON43M in 1H/2017
Zentiva Bucharest (SCD.RO), a unit of France’s pharmaceutical group Sanofi, on Tuesday reported a net profit of RON43 million for the first six months of 2017, higher than the RON32.4 millio...
FrieslandCampina Opens New EUR1.3M Napolact Cheese Production Line
Dutch dairy manufacturer FrieslandCampina,which makes the Napolact dairy brand, on Tuesday opened a new cheese production line at the Napolact factory near Cluj-Napoca, following an investme...
Retailer Selgros Enters Tourism Market in Partnership with TUI TravelCenter
Retailer Selgros Cash&Carry Romania announced it is launching a Selgros Travel, a tourism package platform operated in partnership with TUI TravelCenter.
Peeraj Group Completes Portfolio With A/X Armani Exchange Brand
Arab-held Peeraj group, the most powerful franchise holder in the fashion retail in Romania, completed its portfolio with the A/X Armani Exchange brand, a premium brand, although it is the m...