Retail&Consumer
Kenvelo Plans To Open 10 Timeout Stores By Easter
The Kenvelo group, with a chain of more than 70 Kenvelo, Lee Cooper and Tom Tailor stores in Romania, is also developing the US TimeOut brand on the local market.
Succes Takes On Bucharest
Businessman Nicolae Sarcina of Gorj (southern Romania), who owns the Succes group is expanding in Bucharest with the store chain by the same name. The company, which has only one store in Bu...
Carrefour Signs Lease Agreement In Korona Mall, Brasov
French group Carrefour Monday signed an agreement concerning a 8,500-square meter leasing area in Korona entertainment and shopping centre in the central town of Brasov, developed by Polish...
Former Kaufland And Minimax Managers Put In Charge Of Penny Market
Retailer Penny Market appointed two managers, Simon Hamersky and Daniel Gross, to oversee the development of the discount store chains Penny Market and Penny Market XXL on the local market....
Romania Corn Output Falls 60% In 2012 Due To Dry Weather
Romanian Agriculture Minister Daniel Constantin Friday estimated the country’s corn production declined 60% to around 4.7 million tons in 2012, due to dry weather.
H&M Sales In Romania More Than Doubled In Dec ’11-Aug ‘12, To EUR51M
Swedish fashion retailer Hennes & Mauritz (H&M) on Thursday said its sales in Romania more than doubled to 440 million Swedish krona (EUR51 million) in the first three quarters of financial...
Carrefour Opens 59th Supermarket In Romania
French group Carrefour will open its 59th supermarket in Romania on Friday, in north-eastern city of Bacau, the company said in a statement Thursday.
Romanians Spend Around EUR200M On Luxury Products Per Year
The Romanian luxury market started to grow in the early ‘90s and has now reached around EUR200 million, according to ZF estimates.
P&G Promotes Radu Maftei To Handle Worldwide Strategy Of Hair Care Division
Romanian Radu Maftei has been promoted as associate director within the Global Hair Care & Color Strategy division of US giant Procter & Gamble (P&G), company representatives told ZF.