Retail&Consumer
eMAG Hits RON5.682B Turnover in Romania in 2021
eMAG, the biggest online retailer locally, in 2021 registered RON5.682 billion turnover in Romania, according to Tudor Manea, the company’s CEO.
Ursus Breweries Launches Kozel Beer Brand In Romania
Ursus Breweries, the largest player in the Romanian beer industry, has launched the Kozel beer brand in Romania.
Unirea Shopping Center Reports RON33M Book Loss For 2021 From RON5M Net Profit In 2020
Unirea Shopping Center (SCDM.RO), which operates two retail centers in the cities of Bucharest and Brasov, on Monday said it registered a book loss of RON33 million in 2021, compared to a ne...
Footwear Retailer Benvenuti Returns to Profit in 2021Footwear Retailer Benvenuti Returns to Profit in 2021
Footwear retailer Benvenuti, held by Romanian entrepreneur Dan Pavel, posted almost RON123.4 milion (EUR25 million) sales in 2021, an increase of 26.5% on 2020, ZF has calculated from Financ...
Laura Simion Takes The Helm Of Flanco’s Logistics Division
Electronics retailer Flanco, the second largest player on this market in Romania, on Thursday said Laura Simion has taken over as head of its logistics division, starting May 2022.
Catinvest Completes Second Stage Of Electroputere Parc Craiova Development
French real estate group Catinvest has completed the second phase of the Electroputere Parc development and it will soon finalize expansion works on the Electroputere Mall which will enable...
Leroy Merlin Opens New Store In Brasov; Reaches 20 Units In Romania
French do-it-yourself (DIY) retailer Leroy Merlin has opened its 20th store in Romania and the second in central city of Brasov on Friday (May 13).
Sphera Franchise Group Ends 1Q/2022 With RON278M Sales, Up 32% YoY
Sphera Franchise Group (SFG.RO), the operator of the KFC, Taco Bell and Pizza Hut brands in Romania, said in a stock market report on Friday that it ended the first quarter of 2022 with sale...
Flanco Set to Expand Further Abroad
Dragos Sirbu, CEO of electro-IT retailer Flanco, says the company will enter Poland, and then Germany, the Czech Republic and maybe Greece in 2022.