Retail&Consumer
Mutu Family Seeks To Sell Annabella Retail Chain
Local entrepreneurs Dan and Dorina Mutu, are considering the sale of Annabella retail chain. With its about 220 million lei (EUR48.3 million) sales last year and a network of about 60 stores...
Romfood Trading Expects Sales of EUR2.6M To Hospitality Industry
Fish and seafood importer Romfood Trading, developer of the Alfredo Seafood brand, expects sales of EUR2.6 million (RON12 million) this year to the hospitality industry, 20% higher than last...
Oasis Retail & Development Gets EUR8.5M Loan from Raiffeisen
Real estate developer Oasis Retail & Development Consulting obtained a loan of EUR8.5 million from Raiffeisen Bank Romania to refinance its Prima Shops projects in Oradea and Mangalia.
Top Five Sporting Goods Retailers Close To RON1.2B Sales In 2016
The five leading sporting goods retailers in Romania – Decathlon, Hervis, Intersport, FF Group (Nike) and Adidas, which own 140 stores together, posted growth in sales of 13% to 50% to a tot...
Musette 2016 Profit Doubles To RON9.8M, Turnover Up 21% To RON73.4M
Footwear manufacturer and retailer Musette doubled its profit in 2016, to RON9.8 million from RON5 million, and its turnover rose 21%, to RON73.4 million from RON60.6 million, according to F...
Modern Retail Chains Operated At Less Than 3% Profit Margin In 2016
The ten modern retail networks ended last year with 48.6 billion lei (EUR10.6 billion) sales and less than RON1.4 billion profit, which means the profit margin stood at only 2.9%.
Street Front Retail Space Market In Bucharest Stands At EUR2B
Pacific (Radu Dimofte) and Romarta (Broadhurst) are the largest owners of street front retail space in Bucharest, which they rent to Mega Image, Profi, banks, pharmacies and betting parlors.
Cetelem Study: 32% Of Romanians Say Their Purchasing Power Fell In 2016
Romanians believe 2016 was stable in terms of purchasing power: 46% of respondents, higher by five percentage points than in 2015, said their purchasing power remained the same as in the pre...
Antitrust Watchdog Clears Deal Whereby Iulian Dascalu Sold 50% Of Iulius Business To Atterbury Europe
Romania’s Competition Council has approved the association between Iulius Holding, held by businessman Iulian Dascalu and Atterbury Romania, entirely held by investment fund Atterbury Europe...