Retail&Consumer
Retail Chain PROFI Ends 2016 With 501 Stores
Retail chain PROFI on Thursday inaugurated three units in Bacau, Racaciuni and Sarmasu, closing 2016 with a total 501 stores, the retailer said in a statement.
Hornbach Cuts Commercial Ties With Schweighofer
German-owned DIY retailer Hornbach is cutting commercial ties with Austria's Holzindustrie Schweighofer starting January, after the Forest Stewardship Council (FSC) placed the latter's certi...
Furniture Maker Lemet Eyes Turnover Of Over RON300M In 2016
Lemet, one of the largest furniture manufacturers in Romania, expects a turnover of RON312 million in 2016, up over 10% compared with the results obtained in 2015.
Penny Market Steps Up Expansion In December, Reaches 200 Stores
German group Rewe will open 14 stores, in December 2016, in 13 counties in Romania, reaching 200 units, a threshold reached so far only by four players operating in the local sector of moder...
Lactalis Buys Dairy Producer Covalact After Acquisition Of LaDorna And Albalact
French-held giant Lactalis bought Romanian dairy producer Covalact, one of the ten largest players on the local market by turnover, thus strengthening its position on the Romanian market, af...
Anastasiu, Eurolines: Romania To Be Included In TUI Catalog Again As Of 2018
Dragos Anastasiu, founder of Eurolines Romania Group, said on Thursday that he was in talks with representatives of TUI Germany (Eurolines Romania is TUI Travel PLC representative locally) t...
Metro Cash & Carry Returns To Growth Despite Closing One Store
Metro Cash & Carry revenue increased by 2.7% to EUR911 million in the financial 2015/2016, as shown in its financial report.
Meat Products Company Killer Builds EUR14M Business Ignoring Supermarkets
Suceava-based Killer, which makes about 10 tons of meat products a day, expects EUR14 million sales this year, an increase of 6% on the previous year, says owner Alexandru Scheul, who built...
evoMAG Mobile Device Traffic Doubled In Last 12 Months
Mobile devices currently account for over 40% of the traffic on the website of online retailer evoMAG.ro, double compared with the beginning of the year, on the backdrop of the increase of s...