Retail&Consumer
Romania Major Retailers’ Turnover Nears RON100B for First Time in 2022 after 18.5% Growth
The overall turnover of the top largest players in Romania modern retail, which have more than 4,000 stores together, for the first time neared the RON100 billion threshold last year after a...
IKEA Romania Opens Its Third Store In Romania, In Timisoara, In Over EUR60M Investment
IKEA Romania, one of the largest furniture and home décor retailers, part of Swedish IKEA Group, has opened on Thursday (June 8) its third store in Romania, in the locality of Dumbravita, ne...
Grocery Retailer Annabella Hits 100 Stores Nationwide
Store network Annabella, founded by entrepreneurs Dorina and Dan Mutu almost three decades ago, has opened its first retail park in Horezu, Valcea county, thus reaching the mark of 100 store...
Value4Capital Buys Hearing Aid Retailer Clarfon
Private equity firm Value4Capital (V4C) has bought the Clarfon retail chain, which has more than 50 stores in Romania. The deal was concluded with the help of ACP Credit, which specializes i...
Footprints AI: Shopping Basket Monthly Average Value Up 10-15% in 2022
The monthly average value of the shopping basket went up by 10-15% in 2022, with foodstuffs and consumer goods prevailing, reveals an analysis by Footprints AI, a Romanian company that opera...
Retail Pharmacy Chain Catena Ends 2022 With RON6.3B Sales
Catena, the largest retail pharmacy chain in Romania, ended 2022 with more than RON6.3 billion sales, an increase of 22% on the RON5.1 billion of 2021.
Profi Boosted Sales by 17% in 2022
Retailer Profi, controlled by investment fund MidEuropa Partners, saw its sales go up by 22% last year, with the increase particularly supported by the rising number of clients.
eBay Officially Starts Campaign To Attract Romanian SMEs To Its Marketplace
US-held eBay, one of the largest actors in online commerce in the world, has started a campaign to draw the Romanian small and medium-sized enterprises to its marketplace, enabling them sell...
eMAG Rents 10,000 Square Meters In Globalworth Square Building To Relocate HQ
Globalworth, the leading office investor in Central and Eastern Europe (CEE) and the leader of the Romanian office space market, has signed an agreement with eMAG to set up its headquarters...