Retail&Consumer
Strauss Group Regains Full Ownership Of Strauss Coffee, Owner Of Doncafe Brand
Strauss Group has reached an agreement with investment fund TPG Capital to buy the 25.1% stake owned by the fund in Strauss Coffee, the coffee division of the Israeli group which owns Doncaf...
Nestle Romania 2016 Sales Up 13% To RON764M
Nestle Romania, a major player on the local food products market, reported sales of over RON764 million in 2016, up 13% on the year, according to ZF calculations based on company data and Fi...
Betty Ice Sales Up To RON125M In 2016
Betty Ice, one of the largest Romanian ice cream producers, ended last year with about 125 million lei (EUR28 million) revenue, up about 10% on 2015.
Study: Romania Ranks Last In EU By Share Of Online Shoppers In Internet Users
Only two in ten internet users in Romania (18%) shopped online in 2016, the lowest share in the EU, while the average stands at 66%, according to the data from marketing agency Perceptum.
Intersport, Noriel And Flanco To Open Stores In Prima Shop Retail Park In Oradea
Retailers Intersport, Noriel and Flanco will open stores in Prima Shops retail park in Oradea, developed by Oasis Retail & Development Consulting, that will be opened on April 6.
Solina Group Buys Romanian Largest Spice Producer Supremia
Solina, a leading European producer of ingredients for the food industry, has reached an agreement to buy Supremia Grup, the largest producer of food ingredients and spices on the Romanian m...
Lidl And Kaufland Owner Seeks EUR180M EBRD Loan For Expansion In Romania, Bulgaria, Moldova
German-held Schwartz group, which owns the Kaufland and Lidl retail chains, has applied for a EUR180 million senior syndicated loan from the European Bank for Reconstruction and Development...
Retailer Elefant.Ro Aiming For More Than EUR100M Revenue By 2019
Online retailer Elefant.ro could sell its operations once having reached EUR100 million revenue, a market it estimates to overshoot in 2019.
EIU Survey: Bucharest, Among The World’s Ten Cheapest Cities To Live In
Bucharest is among the world’s ten cheapest cities to live in, according to a survey from the Economist Intelligence Unit (EIU), based on the cost of living, but is more expensive than Mumba...