Retail&Consumer
Sphera Franchise Group Eyes 33% Annual Sales Growth In 2022, To EUR266M
Sphera Franchise Group (SFG.RO), the operator of the KFC, Taco Bell and Pizza Hut brands in Romania, has budgeted restaurant sales of over EUR266 million for 2022, higher by 33% than in 2021...
Kaufland Opens Hypermarket In Husi; Reaches 152 Stores In Romania
Germany’s retailer Kaufland continues its expansion in eastern Romania by opening a hypermarket in the town of Husi (Vaslui County), and thus reaches a 152-store network in Romania.
Profi Set to Keep 2021 Investment Budget, but Open Fewer Stores
Calin Costinas, deputy CEO of Profi, says the company will in 2022 slow down the pace of new unit openings, but step up the pace of existent unit refurbishment.
Verdino Cements its Foothold in Germany
Verdino, a Romanian producer of meat alternative products using pea protein co-founded by Raul Ciurtin, is strengthening its position in Germany, with its products listed in 8,000 stores in...
Romanian Startup Frisbo Expands To Four New Countries In 1Q/2022
Romanian startup Frisbo, which runs an e-fulfilment platform for the collection, packing and delivery of online orders, on Monday announced the expansion of its operations to the UK, Spain,...
Mega Image Set to Continue Expansion
Mircea Moga, CEO of retailer Mega Image, believes that in 2022, despite the inflationary pressures, food retail will continue to grow and in this context the company will also expand further...
Freshful Mulls Expansion and Agricultural Investments
Freshful, an online hypermarket recently added to eMAG’s e-commerce platform group, is looking at cities with over 300,000 inhabitants for expansion and mulls potential agriculture investmen...
Carrefour Romania Appoints Two New Executives For Property And Expansion Departments
Carrefour Romania has appointed two new executives for its Property and Expansion Departments, considering that supporting the company's physical footprint remains a strategic objective in 2...
Dedeman’s Paval Brothers Own Almost 1% in BRD
Adrian Paval and Dragoș Paval, shareholders of the DIY retailer Dedeman, the most powerful Romanian entrepreneurial business, own a stake of almost 1% in BRD Soc Gen - the third largest bank...