Retail&Consumer
ING: Two In Ten Romanians Went Into Debt To Pay For Christmas Gifts In 2015
Five in ten Romanians feel forced to spend money at Christmas, while two in ten said they went into debt to pay for Christmas gifts last year, according to a an ING International Survey rega...
EUIPO: 790.000 Jobs Lost Every Year In EU Due To Counterfeiting And Piracy
EUR83 billion and 790.000 jobs are lost every year across the European Union due to counterfeiting and piracy, while clothes, toys, sports goods, jewelry, handbags and music are among the se...
Altex Reports Black Friday 2016 Sales Of EUR103M, Up 35% Vs 2015 Edition
Retail chain Altex & Media Galaxy had cumulative sales of EUR103 million during the 2016 edition of the Black Friday sales campaign, up 35% compared with last year’s edition.
Online Computer And Electronics Retailer Ideall.Ro Close To EUR10M Sales Mark
Bucharest-based Ideal Tech, which operates the computer and electronics online store ideall.ro, saw one of the highest growth rates on the local market last year, 38%, and posted 37.5 millio...
Competition Council Clears Takeover Of PC Garage By Dante International
Romania’s Competition Council on Tuesday said it approved the transaction whereby online computer and electronics retailer PC Garage is acquired by Dante International, provided the latter o...
Furniture Store Chain Lem’s Posted 14% Higher Turnover In January- September 2016
Romanian furniture store chain LEM'S, operated by furniture producer Lemet Campina, on Thursday said it reached a turnover of RON214.3 million in the first nine months of 2016, up 14% from t...
Top Five Online Computer And Electronics Retailers See More Than RON361M Black Friday Sales
The top five online computer and electronics retailers that organized Black Friday sales campaigns, - eMag.ro, cel.ro, evoMag.ro, pcgarage.ro and f64.ro, saw sales of 361.4 million lei (EUR8...
Profi Sale, Fifth Largest In Ranking Of Private Transactions Of Last 15 Years
The sale of retail chain Profi, announced on Wednesday by Enterprise Investors, is the fifth largest in a ranking of private transactions concluded in Romania from 2000 until present.
Mid Europa Partners Buys Retail Chain Profi For EUR533M From Enterprise Investors
Polish Enterprise Fund VI, a private equity fund administered by Enterprise Investors, announced on Wednesday, in Bucharest, that it signed an agreement for the sale of 100% of the shares of...