Retail&Consumer
Klaus Reisenauer, Oasis: Financing, More Accessible For Retailers In Germany Than Romania
The German real estate market provides easier access to financing for retailers compared with the Romanian market, according to Klaus Reisenauer, shareholder of real estate company Oasis, wh...
Dedeman Revenue Up 26% In H1
Do-it-yourself retailer Dedeman Bacau, the largest entrepreneurial company in Romania, posted growth of 26% in revenue to 2.2 billion lei (EUR500 million) in the first half, according to pub...
Sales Of TV Sets Up 40% In 2016
The local TV set market will go beyond 1.4 million units in 2016, an increase of 40% on 2015, the highest growth rate since the crisis, because households are spending on consumer goods agai...
Zanfir Group Set To Open Its First Hypermarket
The Zanfir group of Lilieana Zanfir and her husband, which owns a ten-store chain in the SE Romania, ended last year with more than 135 million lei (EUR30 million) revenue and in 2017 plans...
Romania’s Courier Services Market May Exceed EUR400M In 2016
Romania’s courier services market, which rose 13% on the year, to EUR370 million, in 2015, is expected to exceed EUR400 million in 2016, in the context of higher economic growth and of compa...
Carrefour Sales Up 14% In H1
Carrefour Romania ended the first half with 2.6 billion lei (EUR578 million) sales, up 14% on the year-ago period. The retailer operates the Carrefour hypermarkets and stocks the shelves of...
Lidl Grows To 200 Stores And More Than EUR1B Sales In Romania In Five Years
German-held retailer Lidl has grown to 200 stores in the five years since its entry in Romania, following the acquisition of the 107-store Plus Discount chain in 2011.
Leonardo Resurfaces Almost Two Years After Going Under
Footwear retail store brand Leonardo has resurfaced less than two years after the company operating it for two decades went bankrupt. The retailer’s website is up and running again, saying t...
Tchibo Closes Store In Promenada Mall
Tchibo Romania, one of the leading actors of the local coffee market, has closed its Promenada Mall store three years after opening it.