Retail&Consumer
SIF Oltenia Ups Its Argus Stake To 32%, Chelu Buys Other 3%
Regional investment fund SIF Oltenia (SIF5.RO) on Monday upped its stake in edible oil maker Argus Constanta (UARG.RO) by 4.7%, to 31.9%, while businessman Catalin Chelu bought another 3% an...
Tanasoiu Family Set To Build Adora Mall Of Craiova
ACMS, a construction company owned by businessmen Daniel Tanasoiu, Emil Tanasoiu and Valentin Bitoiu, won the contract for the building of Adora mall in Craiova, an investment estimated at E...
Top-Performing Hypermarkets Are Located In Working Class Districts
Cora Lujerului (Militari), Auchan Titan, Carrefour Orhideea and Real Vitan are the stores with the highest sales of the four hypermarket chains in Romania, whose annual sales amount to EUR2....
H&M Opens Four More Stores, Looks To Hire 100 People
Swedish apparel retailer H&M, which entered the Romanian market in late March, is set to open other four stores by the end of this year, reaching thus a ten-unit network.
GfK: Romanian Economic Expectations Improve, But Concern Remains
Romanian economic expectations have improved significantly over the past twelve months, but the indicator stays in negative territory, a survey from market researcher GfK showed Monday.
Romanian Consumers Among Most Pessimistic In The World - Nielsen Survey
Romanian consumers are among the most pessimistic in the world, according to a survey conducted by The Nielsen Company, based on consumers’ confidence in the labor market, their personal fin...
Catalin Chelu Buys Another 8.27% In Edible Oil Maker Argus
Romanian businessman Catalin Chelu on Friday bought additional 8.27% in edible oil maker Argus Constanta (UARG.RO), for a total 8.8 million lei (EUR2 million) and reported Monday his holding...
Sales Of AFI Cotroceni Mall Stores Up 25% In 1H
Sales of stores operating in AFI Palace Cotroceni Bucharest mall, the EUR300 million project owned by Israeli billionaire Lev Leviev, rose by 25% in the first half of this year, to some EUR1...
Catalin Chelu Buys 13% In Argus For RON15M
Romanian businessman Catalin Chelu on Thursday bought a 13.3% stake in edible oil maker Argus Constanta (UARG.RO), for a total 15.25 million lei (EUR3.57 million).