Retail&Consumer
Alexandrion Group Invests EUR100M in Distillery in New York
Spirits producer Alexandrion Group Romania will invest EUR100 million to build a distillery in New York, Nawaf Salameh, CEO and founder of the company, told a press conference Friday.
Dan Ostahie Becomes Top Three Romanian Entrepreneur After 40% Rise In Altex Sales
Altex, the largest local computer and electronics retailer, in 2016 had its best year in its 25-year history, posting growth of 40% in sales to 2.7 billion lei (EUR589 million).
C&W Echinox: Romania Ranks Second In Europe By Food & Beverage Consumption Growth
Romania ranks second in Europe, after Turkey, by growth and growth potential in the Food & Beverage (F&B) sector, including consumption in restaurants, fast food units, cafes, tea shops and...
Lidl Romania: Bucharest, Most Important City For Our Expansion
German-held discount store chain Lidl, which officially entered Romania in 2011, will open at least ten new stores a year over the next few years to go from the current 210 to 300 stores.
XXL Mega Discount Stores To Turn Into Shopping Centers
The reorganization of the six XXL Mega Discount stores will be completed by yearend, when the shopping galleries will be filled. However, the anchors, Penny Market stores, will be inaugurate...
Antitrust Authority Clears Lactalis Acquisition of Romanian Covalact, Lactata
Romania's Competition Council has cleared the takeover of French dairy group Lactalis of Romanian Covalact SA and Lactata Harghita SA.
Modern Retailers Opened 117 Stores In January-June
Retailers expanded their networks by 117 stores, less than half of the planned number for 2017, more than 300 in various formats. Two networks opened 90% of those 117.
British American Tobacco Invests EUR60M in Ploiesti Production Facility
British American Tobacco, the largest cigarette manufacturer in Romania, said it will invest EUR60 million in its facility in Ploiesti this year, triple the amount estimated at the end of la...
Gloria Jean’s Café Chain Bets On Street Front Locations
Gloria Jean’s, the first international name on the café market in Romania, has relocated its shop in Piata Romana (central Bucharest) to Calea Mosilor in the same city in a space that sat em...