Retail&Consumer
Footwear Retailer Benvenuti Sees 31% Growth In Revenue To RON30.8M In Q1
Footwear retailer Benvenuti posted RON30.8 million revenue in the first quarter of 2023, an increase of about 31% on the year-ago period, the retailer said.
Altex Plans To Open At Least 14 New Stores In 2023
Computer and electronics retailer Altex, the leader of the local market, has budgeted EUR30 million investments for this year, which will go mostly to buying land and building stores. The am...
EY Assisted Carrefour in Acquisition of Cora’s Romanian Operations
EY assisted the Carrefour Group in the signing of the agreement with Louis Delhaize Group to buy the latter’s Romanian business, which includes 10 Cora hypermarkets and 8 Cora Urban stores,...
Carrefour Romania Sales Rise Almost 15% to EUR638M in Q1
French-held Carrefour Group, which has more than 400 stores under different formats in Romania, has expanded its network in the country by 36 stores in the past year (April 1, 2022 – March 3...
Speedwell Plans To Invest EUR500M In Developing CityZen Project On Former Griro Platform
Speedwell is announcing for the first time its intention to build the CityZen mixed-use project on a nine-hectare plot of land on the former Griro platform in capital city Bucharest, within...
Furniture Retailer Vivre Ends 2022 with RON34M Losses and 50% Lower Revenue
Furniture and home décor retailer Vivre announced RON34 milion losses for 2022, compared with RON85 million the previous year and 50% lower revenue, RON114 million.
Altex Romania Takes Over EUR4.6M Vivre Deco Debt
Computer and electronics retailer Altex Romania has taken over EUR4.6 million debt of Vivre Deco together with all the guarantees from Banca Transilvania and therefore became a guaranteed cr...
It’s Official: Carrefour Confirms Acquisition of Cora’s Romanian Operations
French-held Carrefour Group has officially confirmed the acquisition of rival Cora’s stores in Romania, a deal ZF first reported about on Tuesday. The deal includes ten hypermarkets and eigh...
Fondul Proprietatea Calls On Bucharest Airport Company To Urgently Complete Tender For Commercial Premises At Henri Coanda Airport
Fondul Proprietatea, a minority shareholder of the Bucharest National Airport Company (CNAB), calls for the urgent completion of the tender for the concession of commercial premises at the H...