Retail&Consumer
Lidl Launches Lidl Tour In Romania
German retailer Lidl, part of Lidl & Schwartz group, enters the Romanian tourism market, launching online vacation store Lidl Tour, with vacation packs created for its clients.
Top Ten Malls In Bucharest Posted RON680M Revenue In 2015
The ten biggest malls in Bucharest posted about 680 million lei (EUR150.5 million) revenue last year, slightly higher than 2014. Some of them, however, such as Sun Plaza and Bucuresti Mall,...
DIY Retail Chain Dedeman Aims For EUR1B Revenue In 2016
Do-it-yourself retailer Dedeman held by local entrepreneurs Dragos and Adrian Paval budgeted 4.53 billion lei (EUR1.01 billion) revenue for this year, and will thus become the first Romanian...
Bilbor Mineral Water Goes Bankrupt
Romanian Bilbor Mineral Water, the producer of mineral water Bilbor, went bankrupt nearly one year after filing for insolvency.
Ice-Cream Maker Betty Ice 2015 Turnover Up 30% To RON113M
Ice-cream maker Betty Ice, controlled by businessman Vasile Armenean, registered a turnover of RON113 million in 2015, up 30% against the previous year, due to the good weather and the lower...
Lidl Posts Over EUR1B Turnover In 2015
German retailer Lidl, part of Lidl & Schwartz group, reported a turnover of RON4.7 billion (nearly EUR1.1 billion) in 2015, up 20% compared with the previous year.
Tisa Spa Resort Opens In Baile Olanesti, In EUR5.5M Investment
Tisa Spa Resort will be opening Friday, June 3, in Baile Olanesti resort, in the vicinity of Ramnicu-Valcea, following an investment of EUR5.5 million started in 2014 and co-financed through...
Farmexim Group Sees Over RON2.1B Revenue In 2015
Retail pharmacy chain Help Net part of the Farmexim group of businessman Ovidiu Buluc ended last year with 471 million lei (EUR103 million) revenue, up 21% in lei on 2014, according to ZF’s...
Retailers ‘Ate’ One Third Of Food VAT Cut From 24% To 9%
Prices of food and non-alcoholic beverages rose by about 3.6% in the online stores of Carrefour and Cora in the first year of 9% VAT, which means about one third of the about 13% drop in pri...