Retail&Consumer
Beverage Industry: Coca-Cola Leads, But Brewers Boast Highest Consumption Per Capita
Beer and soft drinks, two markets worth above EUR1 billion, and wine, worth EUR350 million, experienced their second year of decline, forcing the managers in these industries to place their...
Carrefour Sales Per Store Lower Than In 2001
Ten years after Carrefour opened its first store in Romania, marking the start of "capitalism" in retail, the French retailer has managed to stabilize its hypermarket sales at just over EUR1...
Arad Becomes Sixth City With At Least Three Big Shopping Centers
Israeli group GTC has again confirmed the opening of Arad’s Galleria mall this autumn, the city’s third shopping center, which will boast Spanish group Inditex as a tenant. The opening of a...
Kaufland Starts EUR8M Investment In Ploiesti Shopping Center
German retailer Kaufland will invest over EUR8 million in a new hypermarket and shopping center in Ploiesti, some 60 kilometers of capital Bucharest, officials of Kaufland Romania said Wedne...
Electroarges Triples Capital To RON8.6M
Home appliance manufacturer Electroarges Curtea de Arges (ELGS.RO) approved increasing its capital by 5.72 million lei (EUR1.37 million) to RON8.58 million to help finance investments, the c...
Inditex Rents 3,700 Sqm In Galleria Arad
Retail group Inditex rented 3,700 square meters in Romanian shopping center Galleria Arad, where it will bring brands such as Zara, Bershka, Pull & Bear and Stradivarius.
Jolidon Keeps Only Romanian Stores
Jolidon, one of the few Romanian brands that had succeeded in building a network of almost 150 stores in Romania and abroad, had to close its foreign units, ZF learnt from Jolidon’s Italian...
A Better Year For Food Retail
Romania’s retail market is expected to rise to EUR26 billion by 2020, from the current EUR16 billion, and the upbeat expectations fuel the store networks’ plan for new openings, which are se...
Radu Timis’ Business Vision Changes After Three Years Of Crisis
Radu Timis, one of Romania’s best-known businessmen, owner of meat processor Cristim, is carefully watching profit and wants to focus on exports in the coming years, as low consumer spending...