Retail&Consumer
Rewe Romania Has New CEO
Rewe Romania, the administrator of the Penny Market and XXL Mega Discount stores, appointed Christian Beck as chief executive officer to replace Guenter Becker.
dm drogerie markt Opens Fourth Store In Timisoara, Western Romania
Austrian cosmetics and fast-moving consumer goods retailer dm drogerie markt opened a new store last week in Timisoara, western Romania, its fourth in the city and 62nd in Romania.
GfK: Romanian Durable Goods Market Rose 4% In 1Q, To EUR349M
Romania’s durable consumer goods market rose 4% on the year to EUR349 million in the first quarter of 2013, according to a GfK Romania survey released Monday.
With 10 Hypermarkets, Cora Sells Less Than In 2008, When It Had Three
Retailer Cora, controlled by French-Belgian group Louis Delhaize, expanded its chain from three to 10 hypermarkets between 2010 and 2012, but this is not seen in sales, which have been stuck...
AFI Europe To Build 60,000 Sqm Office Compound In Bucharest On Land Of Former Inox Factory
Real estate developer AFI Europe has received its building permit for a second mall in Bucharest, for which works are slated to start this year or early 2014, and the developer also plans to...
Profi Opens Store In Sibiu, 166th Unit In Romania
Retailer Profi, controlled by Polish private equity firm Enterprise Investors, opened a new store in Sibiu, central Romania, Saturday, its eighth in the city and 166th in the country.
Cora Hypermarkets In Romania 2012 Sales Up 6%, To RON1.6B
French retailer Cora’s network of ten hypermarkets in Romania had sales of 1.6 billion lei (EUR359 million) in 2012, up 6% from 2011, driven by the opening of new stores, the company said in...
Cora Opens Constanta Store In July, Ploiesti Store And Online Store In Fall
French retailer Cora will open a shopping center in Constanta, southeastern Romania, at the end of July and will open its hypermarket in Ploiesti, southern Romania, and its coradrive.ro onli...
Bankrupt Armonia Braila Fails To Attract Buyers At EUR15M, Creditors Might Lower Price Again
Bankrupt shopping center Armonia Mall in Braila, eastern Romania has failed to attract a buyer despite a 30% cut in the asking price, to EUR15 million, and its creditors might have to lower...