Retail&Consumer
Prime Kapital’s Arges Mall Set To Open In Pitesti On April 25
Prime Kapital, a real estate developer and investor in Central and Eastern Europe, will open Arges Mall on April 25, the largest and most modern shopping center in Pitesti.
Carrefour Closes Half Of Cora Convenience Stores After Takeover
French-held Carrefour group is closing half of the convenience stores it got when it bought rival Cora’s operations in Romania, that is four of eight.
Fryday Chain Grows To Nine Restaurants, RON28.6M Revenue In 2023
Romanian fast food chain Fryday, established by Suceava entrepreneur Lucian Florea, has grown to nine restaurants and ended last year with RON28.6 million (EUR5.7 million) revenue, double as...
Inditex Group Sees 23% Increase In Pre-tax Profit In Romania In 2023
Spain’s Inditex Group, one of the largest actors in world’s fashion industry, which owns such brands as Zara, Bershka and Massimo Dutti, posted pre-tax profit of EUR92 million in Romania in...
Cristina Pîrjol Takes The Helm Of Fashion Days Starting With April 1, 2024
Cristina Pîrjol, Commercial Director Selection for over eight years within Fashion Days, the largest online fashion retailer in Romania, will take over the management of the online store, ef...
Leroy Merlin Leases Two Retail Spaces In Bucharest From Austria's Supernova
Leroy Merlin, the second-largest DIY retailer in Romania by revenue, leased two retail spaces in Bucharest with a combined area of 21,000 sqm from Austria's Supernova Group.
La Mama Restaurant Chain Set To Resume Expansion In 2024
La Mama restaurant chain, started by entrepreneur Catalin Mahu 25 years ago, plans to resume expansion in 2024 and open two new units, within investments worth EUR2 million, along with incre...
Cushman & Wakefield: Bucharest Hotel Market Continues Post-Pandemic Recovery
While the average hotel occupancy level across the CEE-6 capitals – including Bucharest, Bratislava, Budapest, Prague, Sofia, and Warsaw – in 2023 lagged 2019 by 9%, the ADR surpassed it by...
Pepco Could End 2024 With 500 Stores If Expansion Continues At Same Pace
Fashion discount store chain Pepco, Romania's leading fashion retailer by sales in 2022, according to the latest public data, could end the year with 500 stores in the country if it continue...