Retail&Consumer
Polish Fashion Retailer Pepco Goes From Zero To RON335M Sales In Three Years
Pepco Retail, the company operating the discount store chain by the same name, ended last year with 335 million lei (EUR74 million) sales, five times higher than in 2015. Pepco has already g...
Auchan Posts Loss EUR5.3M Loss in 2016
French retail group Auchan, with a network of 33 hypermarkets in Romania, switched back to loss last year with a net loss of EUR5.3 million (RON23.9 million), Trade Registry data showed.
Fast-Food Restaurant Chain Spartan Aims To Reach 40 Units
Fast-food restaurant chain Spartan plans to open eight new units in 2017, which add to 32 existing stores located in 19 cities across Romania.
GfK: Romania’s Durable Goods Market Up Nearly 6% In 1Q/2017
The Romanian durable goods market rose nearly 6% on the year in January-March 2017, and the electronics and small appliances sectors saw double-digit growth rates, according to a GfK report.
Liberty Center Reaches Occupancy Rate Of Over 70%, Announces New Store Openings
The occupancy rate of shopping center Liberty Center exceeded 70% in the last six months after attracting new tenants for 18% of the center’s surface area and is expected to be over 80% occu...
Praktiker Invests EUR600,000 In Remodeling Store In Constanta
Do-it-yourself retailer Praktiker has reopened the unit in Constanta (south-eastern Romania), following an investment of EUR600,000.
All Five Bankrupt PIC Hypermarkets Finally Sold
All five hypermarkets of bankrupt Romanian-held retailer PIC have found a buyer. France’s Saint Gobain bought the hypermarket in Calarasi, a distribution and transport company bought the sto...
Coca-Cola Sales In Romania Rose Nearly 5% In 1Q/2017
Coca-Cola HBC Romania, leader on the Romanian soft drinks market, registered nearly 5% higher sales volumes (mid-single digits) in the first quarter of 2017, which is the ninth consecutive q...
Baneasa Shopping City Operator Baneasa Developments Profit Margin At Over 30% In 2016
Baneasa Developments, the company that operates Baneasa Shopping City in northern Bucharest, posted 6% increase in revenue to 221 million lei (EUR49.1 million) last year.