Retail&Consumer
Profi Opens Its 118th Store In SE Romania
Romanian retailer Profi, held by investment fund Enterprise Investors, on Thursday opened its 118th store in southeastern county of Ialomita, the retailer said in a press release.
H&M Raises Revenues Of AFI Cotroceni Mall By 15% In 1Q To EUR46M
Retailers in AFI Palace Cotroceni mall in Bucharest, controlled by Israeli group AFI Europe, posted sales of EUR46.1 million in the first three months of this year, up 15% on the similar per...
Avicola Bucuresti Turnover Up 10% In 2011, To RON26M
Romanian poultry producer Avicola Bucuresti (AVBW.RO) reported turnover of 26 million lei (EUR6.13 million) in 2011, up 10% from RON23.6 million in 2010.
Mega Image To Open Nine Stores In Romania In May
Mega Image, a member of Belgian group Delhaize, plans to open nine new supermarkets in Romania in May, the first of which, a Shop&Go proximity store, will open Thursday in Bucharest.
Deichmann To Open A Store In Iasi On May 31
German shoe retailer Deichmann will open a store in shopping center Palas Mall Iasi on May 31, bringing its Romanian network to 52 units.
Porumboiu Bets On Sunflower And Corn After Rapeseed Disappoints
Adrian Porumboiu, one of the top ten agricultural producers in Romania, has this year increased the areas cultivated with sunflower and corn by up to 83%, out of an overall area of 27,000 he...
Selgros Posts 2% Rise In 2011 Sales, To EUR780M
Selgros Cash&Carry, one of the top ten companies on the local retail market, reported an almost 2% rise in net sales in Romania on the year in 2011, to over CHF960 million (EUR780 million).
Gica Popescu To Invest EUR20M In Romania’s First Courtyard Marriott Hotel
Romanian hotel developer Gica Popescu Hotels and hotel chain Marriott International have recently concluded a partnership whereby the former will build, develop and operate the first hotel i...
Boromir Prod Eyes Double Profit This Year
Romanian milling and bakery company Boromir Prod Buzau (SPCU.RO) plans to double its profit this year, to 2.7 million lei (EUR617,000), and to invest EUR2.6 million to expand its production...