Retail&Consumer
Lidl Seeks Expansion To 300 Stores
German-held retailer Lidl plans to add another 100 discount stores to the 200 it already has, says Frank Wagner, the German executive who runs the local operations of the company. He did not...
Businessman Mohammad Murad Invests EUR7M In Two New Hotels On Romanian Seaside
Businessman Mohammad Murad, one of the biggest hotel owners in Romania, wants to build two new units on the Romanian seaside, within an investment valued at EUR7 million.
Elenei Pap, Up Romania: The Plan Is To Reach 70,000 Users Of Electronic Meal Vouchers
Nearly two million employees in Romania, namely, half of the total number of employees, receive extra benefits in addition to wages under the form of meal vouchers.
Danone: Romania's Yogurt Market Rose Over 10% By Value In 1H/2016
Romania’s yogurt market increased in the first half of 2016, in terms of both volume and value, along with people’s interest in food alternatives supporting health, according to Adrian Pascu...
McDonald’s To Open Two More McCafe Units In Romania By End-2016
Restaurant chain McDonald’s, which currently has 23 McCafe coffee shops in Romania, plans to inaugurate two units by the end of 2016.
Nespresso Considers Expansion To Other Cities In Romania
Nespresso Romania, a division of the sweets and coffee company Nestle Romania, could expand the coffee and professional coffee maker boutique brand in the rest of the country over the next t...
Belladonna Sees 9% Decline In January-September, Expects Over RON200M Revenue In 2016
Belladonna, a 93-retail pharmacy chain, posted 9% decline in sales in January-September, due to the decline in the number of operational pharmacies by 12% on the year-ago period.
Argo Capital Property Invests EUR33M In Expansion Of Era Park Shopping Center In Iasi
Argo Capital Property, one of the largest owners, developers and operators of shopping centers in Central and Eastern Europe, will extend Era Park shopping center in Iasi city by a laesable...
Four Private Equity Firms Left In Race For Retailer Profi
Four private equity firms have reached the second round of the takeover of the almost 460 supermarket and convenience store chain Profi.