Retail&Consumer
Dutch Investor Buys Bucuresti Department Store For EUR4M
A Dutch investor has bought the building of the former Bucuresti department store, one of the most important retail destinations in Bucharest before 1989, from the heirs of the founders for...
CITR: Food Producers, Realtors, Subsidy Beneficiaries Most Prone To Financial Distress In 2014
Companies in the food sector, the beneficiaries of subsidies and the owners of leasable retail, industrial and office spaces are more likely to face financial challenges in 2014, according t...
Dedeman To Open EUR15M Store In Ploiesti Friday
Romanian do-it-yourself retailer Dedeman, owned by Dragos and Adrian Paval, will open a store in southern city of Ploiesti on Friday, following an investment of EUR15 million.
Romanian Road Freight Transporters Halt Activity
Romanian road freight transporters have halted activity Monday in protest to the government’s decision to raise excises on fuels, Augustin Hagiu, representative of the National Road Confeder...
How Major Gas Station Operators Divided Turf In Romania
Romania’s largest oil and gas company OMV Petrom (SNP.RO) operates the biggest local gas station network, and rivals Rompetrol, MOL and Lukoil either decided to fight it directly or strength...
Vlad, Selgros: It’s Time We Seek Foreign Investors, Bring Them Here
One of the most powerful Romanian managers in the retail business, Alexandru Vlad, executive director of Selgros since 2001, says the crisis is not over yet for the companies “working with a...
Nine Largest Retail Chains In Romania Are Worth EUR2.9B
Nine out of 12 modern retail chains present in Romania feature in this year’s ranking of the 100 most valuable companies in Romania, with an aggregated value of EUR2.9 billion.
Footwear Retailer Benvenuti Resumes Expansion In Full Gear
Romanian-owned footwear retailer Benvenuti has opened six stores this year, more than it did in the four years before, and now has a network of 44.
Green Glass To Invest EUR2M Next Year To Expand Glass Recycling Plant
Green Glass, part of Green Group, will invest EUR2 million next year in expanding its glass recycling plant in Popesti-Leordeni, just outside Bucharest, which cost EUR4 million to set up.