Retail&Consumer
Yves Rocher Buys Romanian Franchisee’s Retail Chain
French-held cosmetics group Yves Rocher is entering local retail after having tested the market via the franchising system, following in the footsteps of Sephora, Zara and Mango.
Vascar Sales Up 12% To RON86M In 2016
Romanian cold cuts and canned meat producer Vascar reported sales of approximately RON68 million (EUR15.2 million) in 2016, up 12% compared with the previous year, the company said in a stat...
Romania Ranks Next To Last In EU By Wine Exports, With Only 4% Of Its Total Production
Romania exports annually only 4% of its total wine production, which places it next to last in the European Union (among wine-producing countries), being followed only by Malta which exports...
Romanians Spent EUR3B On Shopping In December 2016
Romanians spent about EUR3 billion to EUR3.6 billion in stores in December, and most of the money went towards food, while the rest to clothing, cosmetics, computer and electronics products,...
Belladonna Pharmacy Chain Expects 5% Growth In 2017
Belladonna retail pharmacy chain, held by Romanian entrepreneurs Florin and Alina-Nicoleta Gheorghita, ended 2016 with about 220 million lei (EUR49 million) sales, flat on 2015, generated by...
Benvenuti To Invest EUR500,000 In New Units And Expansion In 2017
Footwear retailer Benvenuti, controlled by local entrepreneur Dan Pavel, plans to invest EUR500,000 this year in the renovation and expansion of the existing units and in new units, the comp...
Carrefour Romania CEO: 2016 Better Than Expected
French-held Carrefour, which has almost 300 stores in Romania and EUR1.7 billion to EUR1.8 billion revenue a year, had a better than expected year in 2016, because of consumer spending incre...
Mega Image Continues Expansion, Goes To Cluj In 2017
Mega Image, the retailer with the biggest network in Romania, more than 520 supermarkets and convenience stores, plans to continue expansion on its traditional markets and also open its firs...
Romania Adjusted Retail Sales Grow 1.4% on Month in November
Romanian adjusted retail sales, excluding vehicle sales, grew 1.4% in November compared with October, while growth in unadjusted terms stood at 4.4%, the country's statistics board said Frid...