Retail&Consumer
Romanian Consumers Spend RON2B On Fast Food A Year
Romanian consumers spend about 2 billion lei (EUR439 million) in fast-food restaurants a year, a market dominated by international companies like McDonald’s and KFC, ZF has found from Euromo...
Kaufland Invests EUR300,000 In Nine Urban Gardens In Bucharest
Kaufland invests EUR300,000 in nine urban gardens in capital Bucharest, turning roofs, the outside of parking lots and of Kaufland stores into green space cultivated for vegetables, fruit, b...
Leroy si Asociatii Advised Lactalis on Covalact Takeover
Law firm Leroy si Asociatii advised French group Lactalis on the acquisition of Covalact SA, one of Romania’s top dairy producers.
Il Passo Expects 5% Growth In 2017
Footwear retailer Il Passo, a company with an 18-history on the market, has budgeted growth of 5% in revenue in 2017. Its retail revenue will therefore amount to more than 50 million lei (EU...
Danish Group DSV Rents 90,000 Sqm from CTP for EUR50M
Danish logistics group DSV has reached an agreement with industrial space developer CTP to rent 90,000 square meters for ten year for EUR50 million, sources cited by Ziarul Financiar said.
Goldplast Invests EUR1M in Romanian Production Line
Goldplast, an Italian company specializing in the design, manufacture and distribution of accessories for the hospitality industry, will invest over EUR1 million in a glass production line i...
Zara Owner Inditex Accounts For 10% Of Romania’s Fashion Retail
The Inditex group, which owns some of the best-known fashion brands in the world, such as Zara, posted almost 1.5 billion lei (EUR328 million) sales in Romania last year, after an almost 30%...
Hypermarket And Supermarket Chains Have RON17B Real Estate Assets In Romania
The stores, the land and the warehouses of the modern grocery retailers are worth almost 17 billion lei (EUR3.7 billion), as shown by the valuations retailers published in their last year’s...
Sporting Goods Retailer Intersport Aims For 45 Stores In Five Years
Sporting goods retailer Intersport plans to grow to 45 stores in five years and have its online store contribute 10% of its sales, general manager Antoniu Nituleasa says. The retailer curren...