Retail&Consumer
Unfinished Focsani Plaza Project Auctioned Off Again For EUR4.2M
The real estate project involving the Focsani Plaza shopping mall will be auctioned off again, through outcry bid, on Thursday, at a slightly lower starting price of EUR4.2 million, VAT not...
Romania Adjusted Retail Sales Up 2% On Month In April
Romanian adjusted retail sales rose 2% in April from a month earlier, fueled by higher sales in most sectors, the statistics institute INS said Monday.
One-Leu Chocolate Bar Generates Sales Of EUR6M A Year
Kandia Dulce, the largest chocolate producer in Romania, sold 28.5 million Rom chocolate bars worth more than EUR6 million last year, according to ZF’s calculations based on the data provide...
Kingfisher Closes On Its Acquisition Of Bricostore
British group Kingfisher, with annual turnover of around EUR12 billion, has the green light to enter the Romanian DIY market after closing on the acquisition of the 15-unit Bricostore chain...
Flanco To Invest EUR2M This Year In Expanding Store Network
Romanian electronics and appliances retailer Flanco said Friday it wants to invest EUR2 million this year in upgrading and expanding its store network.
Time For Consolidation On DIY Market: Kingfisher Takes First Step, Players Suspend Expansion
The Romanian do-it-yourself and construction materials distribution market, where major players have annual sales of around EUR1.3 billion, has reached a period of consolidation after five d...
Top Five Foreign Fashion Retailers See EUR340M Sales In 2012
The largest five foreign fashion retailers in Romania ended 2012 with EUR340 million sales, up 46.5% on the year.
Mega Image Opens New Shop&Go Store In Bucharest, Three New Openings Scheduled For Friday
Retailer Mega Image, part of Belgian group Delhaize, opened a new Shop&Go store in Bucharest Thursday and will open three new units in the capital Friday.
Unirea Shopping Center Profit Rises To RON2.9M In 1Q
Romania’s Unirea Shopping Center (SCDM.RO) registered turnover of 19.9 million lei (EUR4.6 million) in the first quarter of 2013, slightly down on the year, while its profit climbed 3.6 time...