Retail&Consumer
Lidl Continues Expansion On Romanian Market By Opening Three New Stores
German discount retailer Lidl is continuing its expansion on the Romanian market by opening three stores in Calarasi, Piatra Neamt and Pitesti, respectively, and each unit has a client surfa...
Furniture Retailer Lem’s Posts 3% Higher Turnover, Of EUR17M, In 1Q/2017
Romanian furniture store chain LEM'S, operated by furniture producer Lemet Campina, posted a turnover of RON76 million (nearly EUR17 million) in the first three months of 2017, up 3% from th...
Kaufland Opens Its 114th Store In Romania, In Brasov
Kaufland, the largest food retailer in Romania by 2015 turnover, is opening a new store, in Brasov (central Romania), which covers nearly 2,800 square meters.
Meda Prod 98 Owner Invests EUR3M In Factory Expansion
Bucharest-based cold cuts manufacturer Meda Prod 98, owned by entrepreneur Luchi Georgescu, will invest EUR3 million this year in the expansion of the factory with a new production line for...
Auchan Romania Posts Turnover Tax Of Over EUR1.2B In 2016
Auchan Romania registered a turnover tax of over EUR1.2 billion in 2016, compared with nearly EUR1 billion (RON4.4 billion).
Petrom And Auchan Jointly Open MyAuchan Stores In Petrom Filling Stations
OMV Petrom, the largest oil and gas producer in Southeastern Europe, and Auchan Retail Romania, the local division of Auchan Retail, the world’s 11th largest food trader, has signed a partne...
Eurostat: Romania Retail Trade Posts Fourth Highest Growth In EU In February
Romania posted the fourth highest annual growth in retail trade in the European Union in February 2017, of 7.5%, overtaken by Slovenia (16.8%) and Luxembourg (12.9%), Eurostat data showed Tu...
Eurostat: Romania Has More Than A Third Of Vineyard Holdings In EU
Romania has more than a third of vineyard holdings in the European Union, namely 855,000 holdings, or 36% of EU total, but the average area per holding stood at only 0.2 hectares in 2015, ac...
Subway Set To Grow To 40 Restaurants In Romania In 2017
Fast food restaurant chain Subway wants to grow to 40 restaurants by the end of the year, which would mean opening at least four in 2017. The company is considering several locations, among...