Retail&Consumer
Praktiker Invests EUR1.8M In Remodeling Three Stores
Do-it-yourself retailer Praktiker has re-opened its stores in Targu Mures, Satu Mare and Brasov following a total investment of EUR1.8 million.
2016, Louis Vuitton’s Romanian Store’s Best Year So Far
The single-brand Louis Vuitton store in Bucharest that opened nine years ago ended last year with about 28 million lei (EUR6.31 million) and RON7 million net profit. The revenue was up some...
Apple Store Operator iStyle Sees Sales Double To EUR34M
The sales of iStyle Retail SRL, the operator of the biggest Apple store chain in the region, doubled to 153 million lei (EUR34 million) last year, data available on the Finance Ministry webs...
Dedeman To Open First Store In Baneasa After Investment Of Over EUR30M
Do-it-yourself retailer Dedeman, the largest entrepreneurial business in Romania, built by brothers Adrian and Dragos Paval, will be opening on June 14 a store in Bucharest’s retail area Ban...
KFC Romania Plans To Open Nearly Five Restaurants/Year In Next 3-5 Years
KFC Romania continues its expansion locally and plans to open at least five units by the end of 2017.
Three Romanian Entrepreneurs Take KFC Franchise To NE Italy
Romanian entrepreneurs Nicolae Badea, Lucian Vlad and Radu Dimofte, the holders of the KFC franchise for Romania and the Republic of Moldova have secured the rights to expand the fast-food r...
IKEA Store in Romania Had Sales of EUR123.5M in 2016
The only Romanian store of Swedish furniture and home accessories retailer IKEA had sales of RON556 million (EUR123.5 million) last year and a net profit of EUR6.2 million, finance ministry...
Farmacia Tei And Bebe Tei Go To Plaza Romania Mall In Bucharest
Entrepreneur Roxana Maftei, who owns the Farmacia Tei chain and the Bebe Tei stores, continues expansion and is investing EUR600,000 to take the two brands to Plaza Romania shopping center o...
Otter Group Takes First Steps Abroad
Otter Distribution group, one of the largest actors in local footwear retail, whose portfolio includes the Otter, Clarks and Aldo brands, has opened its first stores outside Romania in Czech...