Retail&Consumer
FashionUp Posts EUR2.5M Turnover In 1H/2016, Eyes EUR7M Threshold By Yearend
FashionUP, one of the leading online clothing retailers in Romania, registered a turnover of EUR2.5 million in the first half of 2016 and targets revenue of EUR6- 7 million by the end of 201...
Generic Drug Producers In Romania Want To Be Exempted From Paying Clawback Tax
Generic medicine producers in Romania want to be exempted from paying the clawback tax, saying this measure would ensure patients’ access to cheaper medicines.
H&M To Open New Store In Iasi
Swedish apparel retailer Hennes&Mauritz (H&M) will open in the autumn a new store in Iasi city, eastern Romania, in Iulius Mall Iasi shopping center.
Park Lake Makes Competition On Mall Market In Bucharest Fiercer
The opening of the Park Lake mall near the Titan Park in the east side of Bucharest on September 1 will create a new competitor on the constantly expanding market of malls.
Axxess Capital Becomes Shareholder In Elefant
The company Elefant Online, which administers online store elefant.ro, has completed a new round of investments of EUR5.5 million.
Fashion Days: Online Fashion Market To Go Beyond EUR200M In 2016
Online sales of apparel, footwear and accessories will see growth of 25% in Romania, and the market will therefore overshoot the EUR200 million mark, the representatives of Fashion Days, one...
Eximtur 1H Turnover Up 18% To EUR27.5M
Romanian travel agency Eximtur, held by the Morariu Family, registered a 18% increase in turnover on the year in the first six months of 2016, to EUR27.5 million.
Dedeman Opens Store In Satu Mare, Expands Network To 43 Units
Do-it-yourself retailer Dedeman, the largest company on the Romanian building materials market and one of the largest in the region, will be opening a store in Satu Mare (north-western Roman...
Perla Harghitei Headed Towards RON100M Turnover
Perla Harghitei, one of the largest mineral water bottlers on the Romanian market, targets a turnover of RON99.8 million in 2016, up 13% against the previous year, according to data provided...