Retail&Consumer
Auchan Completes Real Hypermarket Rebranding
Auchan group finalized the refitting of the 20 Real stores it officially took over at the end of last July after it got the Competition Council’s ok. The French group invested around EUR40 m...
Profi Opens Three New Stores, Reaches 217-Unit Network In Romania
Discount retailer Profi Friday said it reached a 217-unit network in Romania after opening three more supermarkets in Deva (Hunedoara county), Borsa (Maramures county) and Constanta.
Carrefour’s 1Q Revenue Down 3.7% To EUR19.8B; Sales In Romania See Organic Growth
French retailer Carrefour Thursday said its revenues fell 3.7% on the year to EUR19.8 billion in the first quarter of 2014, but its sales rose, on organic basis, in France, Spain, Belgium an...
Beer Oligopoly: Ursus And Heineken Hold Over 60% Of Romanian Market
The Competition Council sees the Romanian beer industry, a market of over EUR1.8 billion annually, as an oligopoly with major entrance barriers, as Heineken and Ursus, the biggest players, h...
H&M Opens Two Stores In Pitesti Next Week
Swedish clothing retailer Hennes & Mauritz (H&M) will be opening two stores in Pitesti, southern Romania, on April 17, simultaneously, in two local shopping centers.
THR Marea Neagra Targets 16% Higher Turnover In 2014, To RON32.5M
Romanian company THR Marea Neagra (EFO.RO) targets a turnover of 32.5 million lei (EUR7.2 million) in 2014, up 16% on the year, and profit of RON3.4 million, nearly five times higher than la...
Doina Cepalis Buys Botosani Plant To Expand Children’s Car Seat Production
Doina Cepalis, the Pascani entrepreneur who owns Te-Rox group of firms manufacturing children’s car seats, took over 50% in stock of Terox Bhs Impex of Botosani, where she has already starte...
Inditex Buys Garments From 100 Suppliers In Romania
Inditex, the owner of Zara brand and the world’s largest fashion retailer, has contracts with around 100 plants in Romania, with Romanian producers accounting for 25% in the group’s total nu...
Romania Has Four Small Brewers Producing Private Labels For Retailers
Romania's four small beer producers - Bermas Suceava, Martens Galați, Imex Satu Mare and Albrau Onesti -have focused on producing private labels for large retailers to stay afloat on a marke...