Retail&Consumer
Frufru Operator Posts RON11.63M Turnover In 1H
Good People, the operator of the frufru (FRU21.RO) brand, which sells organic food and beverages, posted a turnover of RON11.63 million in the first half of the year, up 45% on the year, and...
La Placinte Restaurants Reach Almost RON25M Revenue After Two Years In Romania
La Placinte restaurant chain that entered Romania in 2013 ended 2015 with almost 25 million lei (EUR5.6 million) revenue and 12 restaurants in Bucharest and four other big cities of the coun...
URBB Turnover Rose 25% In 1H/2016
United Romanian Breweries Bereprod (URBB), which sells beer brands Tuborg, Carlsberg, Holsten, Guinness, Skol and Somersby, registered a 25% higher turnover and a 50% higher profit on the ye...
Cora Launches Online Store In Constanta
Retailer Cora is launching the virtual store cora.ro in south-eastern city of Constanta as well, the second city after capital Bucharest, which enables people to buy products online.
Park Lake Mall Expects 10 Million Visitors In First Year
Portuguese-owned Sonae Sierra expects at least ten million visitors for the new Park Lake mall in Bucharest’s Titan district (east of the city) in its first year in business, after opening o...
Romanians Spend EUR42 On Sporting Goods, 2.5 Less Than European Average
Each Romanian spent about EUR42 on bicycles, sneakers, skis or sports clothing last year, half as much as the average person in the Czech Republic and six times lower than in Austria, the co...
French Brand Tati Opens First Store In Romania, In Shopping Mall Veranda
Peeraj group, the most powerful franchise holder in the fashion retail in Romania, will be opening this fall its first store in Romania, under the French band Tati, in Bucharest-based shoppi...
Starbucks Accounts For 1% Of RON5.5B Bar And Café Market
Romanian consumers spend 5.5 billion lei (EUR1.23 billion) a year in bars and cafes, one of the most heavily fragmented markets in the country’s economy, ZF has calculated based on the data...
Naspers CEO: eMag Can Be Romania’s Unicorn
eMag, the largest online retailer in Romania, which posted 1.95 billion lei (EUR438 million) revenue last year, its operations in Bulgaria, Hungary and Poland included, may reach the ‘unicor...