Retail&Consumer
Phoenixy Relies On Exports To Boost Sales By 30% In 2013
Romanian corn puffs manufacturer Phoenixy estimates a 30% increase in sales this year, to over EUR23 million, from EUR18 million in 2012, on the backdrop of higher exports.
Ibis Hotels In Romania Increase Occupancy Rate To 55% In 1H
The four Ibis hotels in Romania registered an occupancy rate of 55% in the first half of 2013, up 12% on the year, and 2% higher turnover.
Lidl Eyes Lands Of Former Plants To Open New Stores
German discount retail chain Lidl plans to open stores on the lands of two former industrial platforms which used to accommodate Ursus beer plant in Cluj (northwestern Romania) and Poiana ch...
NEPI Wants To Buy Retail Park That Accommodates Metro And Praktiker
South-African investment fund NEPI is in the final stage of the acquisition of a retail park in Deva (western Romania) from a local entrepreneur. The park includes a Real hypermarket (which...
EuroGsm: Most Romanians Prefer Android Smartphones
Romanian mobile subscribers spend an average of 200 lei (EUR45) on smartphones and prefer devices using Android operating systems, according to EuroGsm data, one of the largest retailers in...
Carrefour Romania Expands Proximity Store Network With Two Franchises
Carrefour Romania has expanded its local proximity store network with two new franchised units, reaching 30 stores, of which 27 are franchised.
Mega Image Plans To Open Nine New Stores In Romania In August
Retailer Mega Image, part of Belgian group Delhaize, said it plans to open nine new stores in Romania in August and the first one was inaugurated Friday in Brasov (C).
INS: First Half Adjusted Retail Sales Inch Down 0.4% On Year
Romanian adjusted retail sales edged down 0.4% on the year in the first six months of 2013, on lower fuel demand, the statistics institute INS said Friday.
NEPI Buys 70% In Mega Mall; Wants To Compete Against AFI, Baneasa Shopping City
South-African investment fund NEPI, the most active investor in Romanian real estate in the past four years, on Wednesday bought a 70% stake in the project of the Mega Mall shopping center i...