Retail&Consumer
Mobexpert Closes Down First Large Store In Sun Plaza
Mobexpert, the largest player in the furniture industry, on Monday closed down its store in the Sun Plaza mall in Bucharest, one of the largest stores in the chain owned by businessman Dan S...
Billa Romania Opens New Store In Targu-Mures, To 64 Network Units
German retailer Billa, part of the Rewe group, will open one store in the central town of Targu-Mures, expanding the network to 64 units, the company said in a statement Monday.
Enterprise Investors: We’ll Keep Investing In Growing Companies
Cristian Nacu, partner of Polish private equity firm Enterprise Investors, one of the most active in recent years, says the company will go ahead with its acquisitions despite the fact that...
Retailers Invest Another EUR100m In 88 Supermarkets In 1H
Modern retailers have invested about EUR100 million in the first six months of this year to open 88 new stores and one network closed up shop.
DTZ: Retail Market In Brasov May Oversaturate In Three Years
The retail market in the central Romanian city of Brasov could oversaturate in the next three years, as it could only absorb two more shopping centers considering the number of households an...
Flanco: Sales Of Air Conditioners In Romania Seen Up 14% To EUR15M In 2012
Sales of air conditioners in Romania are expected to increase by 14% to EUR15 million this year, and by 7% in volume, to nearly 58,000 units, according to estimates by home appliances and el...
Mega Image Opens New Store In Bucharest Friday, Extends Romanian Network To 142 Units
Retailer Mega Image, part of Belgian group Delhaize, said Thursday it will open a new store in Bucharest Friday, June 29, bringing its Romanian network to 142 units.
DIY Stores In Bucharest Generate Up To EUR300M In Sales A Year
The first do-it-yourself stores opened in Bucharest by seven of the eight networks operating in the city are the top performers of their respective chains. They are generally located in the...
Mohammad Murad To Begin Work On EUR8M Seaside Hotel
Lebanese businessman Mohammad Murad, the chairman of the Perla Majestic group operating in the Romanian tourism industry, will begin construction of a new hotel in the seaside resort of Navo...