Retail&Consumer
Alevia Aims To Reach EUR10M Turnover Until 2021
Dietary supplements producer Alevia saw a nearly 20% increase in turnover in the first eight months of 2016, compared with the year-earlier period.
Carturesti Bookstore Chain In Talks To Expand Throughout Romania
The owners of Carturesti bookstore chain are in talks to open new bookstores in the major cities of the country, as the 12 such stores outside Bucharest generate 40% of the chain’s sales, sa...
Major Private Equity Firms And Retailers Compete Over Profi Supermarket Chain
Those interested in buying supermarket chain Profi had until the end of last week to submit non-binding bids.
Kaufland Headed To RON10B Sales After 17% Growth In H1
Kaufland was the fifth largest company in Romania’s economy last year, posting 9.2 billion lei (EUR2 billion) revenue. Sales of the German-held retailer went up 17% to RON4.8 billion in the...
Portugal’s Jeronimo Martins About Profi Takeover: We Are Always Very Attentive To Growth Opportunities
Several companies have submitted non-binding bids to buy Romanian supermarket chain Profi, ZF has found. The list of those interested includes both financial investors such as private equity...
Farmec Invests EUR55,000 In Store In Brasov
Cosmetics manufacturer Farmec Cluj Napoca keeps expanding its store network across Romania by opening a new unit in central city of Brasov.
Selgros To Open In Alba Iulia Its Second Compact Store
Retailer Selgros Cash&Carry Romania will be opening on Friday, in Alba Iulia (central Romania), its second compact store, after inaugurating the first one in Targu Mures, at the end of May 2...
Romania’s Agrifood Trade Deficit Tripled To EUR663M In January-June
Romania posted an agrifood trade deficit of EUR663.6 million in January-June, over threefold higher than in the same period last year, data from Agriculture Ministry showed Wednesday.
Agrana Romania Posts RON1.6M Losses In 1H/2016
Sugar producer Agrana Romania (BETA.RO) reported losses of RON1.6 million in the first six months of 2016, versus losses of RON13 million in the year-earlier period, the company said in a st...