Retail&Consumer
Auchan Sees Turnover Rise in Romania in 2021
Tiberiu Danetiu, marketing manager at Auchan Romania, said the company’s turnover rose year-on-year in 2021, with turnover generated by e-commerce doubling.
Delivery Platform Bringo Sees Double-Digit Growth in 2021
Bringo Magazin, which operates the Bringo delivery platform, posted almost EUR10 million (RON47 million) revenue in 2020 (the last year with publicly available data).
Romania, Biggest Wheat Exporter at Black Sea and in EU
Romania exported 4 million tons of wheat of the 2021 harvest, namely over 35%, by late December 2021, thus ranking first among wheat exporters in the Black Sea area and in the EU, according...
Portico Investments Romanian Portfolio Reaches 20 Commercial Properties
Portico Investments, a commercial property management company, has reached a portfolio of 20 properties in Romania in its 17 years of local presence. In each of the last two years, marked by...
Carrefour Romania Works with 1,000 Local Producers on Fresh Products Segment
Carrefour, the third biggest player in Romania’s modern retail, with a 350-store network and overall turnover worth RON12.7 billion (EUR2.6 billion) in 2020, during the year procures fresh p...
Austria’s XXXLutz To Open New Store In Romania, In Central City Of Brasov
Austrian furniture and home decor retailer XXXLutz – with four stores in Romania under the XXXLutz and Mömax brands– will be opening a new Mömax store on the local market in the central city...
Mohammad Murad Set To Invest EUR20M In New Commercial Complex Near Snagov
Mohammad Murad, the owner of Phoenicia Hotels and one of the largest hoteliers in Romania, plans to enter the food retail sector by investing over EUR20 million in a shopping center, near Sn...
Gucci Franchised Store in Bucharest Closes
The Gucci boutique in Bucharest, operated as a franchise by the Calagiu family of local entrepreneurs, has put up the shutters, which means the luxury brand's exit from the Romanian market a...
Profi Set To Open Or Upgrade 300 Stores In 2022
Retailer Profi, held by buyout investor Mid Europa Partners, seeks to open or modernize 300 stores in 2022, its most ambitious expansion plan to date.