Retail&Consumer
Construction Works On Third Office Building Of Openville Timisoara Set Off In June 2017
Works on the third office building within multifunctional compound Openville, deemed the highest building in Romania, which is built in western city of Timisoara, started in June 2017 and ar...
KeysFin: Romania, EU’s Main Cereal Exporter
End-May 2017, Romania became the main cereal exporter in the European Union, as local companies exported 7.15 million tons of grain from the 2016-2017 harvest, of which, over 5 million tons...
Czech Online Retailer Notino Set To Open Brick And Mortar Store In Romania
Czech-owned online perfume and cosmetics retailer Notino, which owns aorobynotino.ro in Romania, plans to invest about EUR250,000 in the opening of brick and mortar store in one of the malls...
Penny Market Takes Over Billa Store After Transfer Operated By French Carrefour
Retailer Carrefour transferred a Billa store to German group Rewe, which operates in Romania store chains Penny Market, following the commitment undertaken by Carrefour toward Romania’s Comp...
Teraplast Buys Additional 10% in Depaco
Teraplast Group, the biggest PVC processor in Romania and of the leading manufacturers of materials for the constructions and installations market will acquire an additional 10% in metallic...
Decathlon Accounts For One Third Of Sporting Goods Market After 50% Growth In 2016
Sporting goods retailer Decathlon, which entered Romania at the height of the financial crisis in 2009, ended last year with EUR136 million sales, up 50% on 2015. The French group therefore...
Studio Moderna Sees EUR50M Sales In 2016
Studio Moderna, the Slovenian company that owns the Dormeo and Top Shop stores selling brands such as Dormeo (mattresses) and Delimano (pans), posted 222.4 million lei (EUR49.5 million) reve...
Farmec Invests EUR57,000 in First Gerovital Store in Timisoara
Romanian cosmetics producer Farmec Cluj-Napoca continues the development of its own store network and will open its first Gerovital store in Timisoara, western Romania, following an investme...
FrieslandCampina Romania Posts 4% Growth in Turnover in 2016
Dutch owned FrieslandCampina Romania, which makes the Napolact dairy brand, posted a consolidated turnover of RON331 million in 2016, 4% higher compared with the previous year, and returned...