Retail&Consumer
Six Euro Billionaires In Romania’ Grocery Retail, Top Three Remains Unchanged
The top grocery retailers in Romania in 2016 were Kaufland, Carrefour and Lidl, the same as in 2015. The rest of the ranking saw some changes, with Profi and Mega Image climbing a few spots.
Pharmacy Chain Belladonna Targets 5% Higher Turnover, Up To RON230M, In 2017
Pharmacy chain Belladonna, controlled by Romanian entrepreneurs Florin and Alina-Nicoleta Gheorghita, expects a 5% higher turnover in 2017, up to approximately RON230 million.
KFC Restaurants Headed Towards EUR100M Revenue
Restaurant chain KFC, the second largest actor on the local restaurant market, ended last year with 405 million lei (EUR90 million) revenue, an increase of 26% in 2015.
Sun Plaza Developer: If We Got A Good Price, We Might Sell The Mall
A potential sale of Sun Plaza mall in Bucharest is not out of the question, says Friedrich Wachernig, member of the board of Austrian-held developer S Immo, the owner of the shopping center.
Anchor Group Turnover Up Nearly 3% To EUR35M On Year In 2016
Turkish real estate developer Anchor Group, which owns shopping centers Bucuresti Mall and Plaza, registered a turnover of EUR35 million in 2016, up nearly 3% on the year, according to the c...
Sales Of AFI Palace Cotroceni Retailers Down Nearly 2% To EUR54M In 1Q/2017
Israeli group AFI Europe registered a net operating income (NOI) of EUR8.3 million at its Bucharest-based shopping mall AFI Palace Cotroceni, in January-March 2017, up 2.4% on the year, but...
Mitiska Reim Starts Works On First Retail Park In Bistrita
Belgian private investment fund Mitiska Reim, specialized in real estate, inaugurated on Monday, in Bistrita, the most recent construction site in Romania where it will open a 13,000-square...
Furniture Retailer JYSK To Open Store in Bistrita
Furniture and accessories retailer JYSK will open a new store in Bistrita Retail Park, which is expected to open in September 2017, the developer said Monday.
Voici La Mode Takes Over Marks & Spencer Romania Franchise
Cypriot group Voici La Mode will buy three of the six stores British retailer Marks & Spencer owns in Romania and will be the new owner of the M&S franchise on the Romanian market.