Retail&Consumer
Flanco Budgets RON20M Investments In 2023, A Record High
Electronics retailer Flanco has budgeted investments of RON20 million for 2023, a record high, and the money is envisaged to target mostly new store, but also the existing units.
Deloitte Retail Industry: Labor, Inflation And Changing Consumer, The Main Challenges Of 2023
Seven out of ten participants to Deloitte Retail industry outlook 2023 identify labor issues as the main challenge of the year, and almost all of them expect inflation to pressure their prof...
eMAG Considers Moving Offices Closer to Subway and Mall
Online retailer eMAG is in talks with Globalworth over leasing 10,000 square meters of office space in the Globalworth Square near Barbu Vacarescu in Bucharest, according to real estate mark...
Association: Romania Beer Market Down 5% In 2022
Beer sales in Romania decreased by 5% by volume in 2022, down to 15.8 million hectoliters (hl), and the share held by the hospitality industry remained below the pre-pandemic level of around...
RetuRO Leases Office Space In Globalworth Campus A
Real estate developer Globalworth, the largest office space investor in Central and Eastern Europe and the leader of the office space market in Romania, has signed a lease contract with Retu...
Retail Park Dej Officially Opens On April 6 After Over EUR10.5M Investment
Retail Park Dej, the first shopping center in the town of Dej (Cluj County), is officially opening on Thursday (April 6) following an investment of over EUR10.5 million carried out by retail...
JYSK Opens Stores in Dej and Radauti
Furniture and home products retailer JYSK continues its expansion plans in Romania and opens two new stores, in Dej and Radauti, on Thursday, April 6, bringing its network to 133 stores in t...
Cocor Bucuresti Posts RON14.2M Revenue, RON3M Net Profit in 2022
Cocor Bucuresti (COCR.RO), the operator of the shopping center in the center of Bucharest, posted RON14.2 million revenue and RON3.03 million net profit last year.
THR Marea Neagra Signs Rental Agreements For Nine Hotels In Eforie Nord And Saturn Seaside Resorts
Turism, Hoteluri și Restaurante Marea Neagra (EFO.RO) has informed the capital market of the signing of several rental agreements for nine seaside hotels following the decisions of the Ordin...