Retail&Consumer
Carrefour Opens New Supermarket In Braila
Carrefour Romania will open a new supermarket in Braila Thursday, its third in this town and 72nd in Romania, the retailer said Wednesday.
Sarantis To Close Elmiplant Factory In Romania, Moves Production To Greece
Greek cosmetics group Sarantis will shut down its Elmiplant cosmetics factory in Romania, which it bought in 2007 from company founders, and will move production to Greece to support the cou...
Investor Who Brought Burberry To Romania Is All Set To Develop Vans Brand Locally
Solomon Mordechai, the Greek businessman who carries out investments in the Romanian retail, restaurant, real estate and telecom sectors and brought the famous luxury brand to Romania, said...
Kaufland’s Plans For 2014: At Least 7 New Stores And Up To EUR90M Investments
Kaufland, the largest food retailer on the Romanian market, plans to open seven to nine stores and targets investments of EUR50 million up to EUR90 million in 2014.
Cocor Bucuresti Reports RON7.7M Pretax Profit In January-September
Cocor Bucuresti (COCR.RO), which owns the Cocor shopping center in downtown Bucharest, reported pretax profit of 7.7 million lei (EUR1.7 million) and slightly lower sales at RON9.3 million f...
IKEA Romania Reports 10% Higher Sales In Catalog Year 2013, To RON440M
Furniture retailer IKEA registered sales of 440 million lei (some EUR100 million) in Romania between September 1, 2012 and August 31, 2013, up nearly 10% on the year.
Only 11% Of Internet Users In Romania Shop Online - Eurostat
Romania is ranked last in the European Union regarding the share of Internet users that shop online (11%), while the EU28 average is 59%, according to statistics office Eurostat.
Mega Image To Reach 260 Stores In Romania End-October
Mega Image, part of Belgian retail group Delhaize, plans to open five more stores in Romania in October, reaching a network of 260 units by the end of the month.
Owner Of Shalke 04 Football Club Has Farming Business In Romania
Klemens Tonnies, the owner of German football club Shalke 04 and of Tonnies Fleischwerk, one of the largest pork producers in Europe, is farming more than 4,000 hectares of rented land in Ro...