Retail&Consumer
Flanco Invests RON1.5M in Two Stores, Taking Network to 160 Units in 112 Cities
Electronics retailer Flanco is further expanding its store network and is opening two new units, in Arad and Barlad, in the wake of RON1.5 million investments, reaching 160 units located in...
Ikea Officially Starts Construction Of Its Third Store In Timisoara
Furniture retailer Ikea, which has two stores on the local market, both located in capital city Bucharest, is officially starting the construction of its third store in Romania.
Unirea Shopping Center Plans to Repurchase RON6.3M Worth of Shares
Unirea Shopping Center (SCDM.RO), a company that runs two shopping centers in Bucharest and Brasov, announced on the Bucharest Stock Exchange on Wednesday that the Financial Supervisory Auth...
Two New Auchan Supermarkets To Become Anchor Stores In Iulius Group’s Family Market Projects
Real estate developer Iulius Group, held by businessman Iulian Dascalu, is extending its partnership with French retailer Auchan through two new supermarkets to be opened in the second quart...
Romania’s Cosmetics and Personal Care Market Hits EUR1.56B in 2020, Down 2% from 2019
Romania’s cosmetics and personal care market reached a value of EUR1.56 billion in 2020, the first pandemic year, 2% less than in 2019, in line with data provided by market research company...
Nestle Set to Double Activity in Romania in Next 5-10 Years
Leszek Wacirz, country manager at Nestle Romania, says the company wants to double its activity locally in the next 5-10 years, both through organic growth, through the product mix and via p...
Ikea Plans to Develop Small Format Stores in Romania
Furniture retailer Ikea, which has two stores on the local market, both in Bucharest, is considering developing smaller stores in Romania, like the group already has on other markets, and is...
Auchan, OMV Petrom Opened 100 MyAuchan Stores In Petrom Filling Stations; Eye 125 Units By End-2021
French retailer Auchan continues its partnership with OMV Petrom and expands the network of MyAuchan stores in Petrom filling stations, which is set to reach 125 units until the end of 2021,...
Ioan Maties Takes The Helm Of JW Marriott Bucharest Grand Hotel
Ioan Maties, boasting a 25-year experience in the hospitality industry, was appointed to the position of general manager of JW Marriott Bucharest Grand Hotel, starting October 15, 2021.