Retail&Consumer
PayU Sees Online Payments Nearing RON500M At 2021 Black Friday Sales Campaign
Online payment processor PayU expects products and services worth nearly RON500 million to be bought and paid online at 2021 Black Friday campaign, which starts on November 12.
Penny Eyes 15% Higher Turnover, Of Almost RON5.5B, in 2021
2021 has topped initial expectations for Penny Romania, despite the pandemic and inflation that hurt companies in various fields, so that the retail is poised to see turnover go up by around...
eMAG Expects RON615M Sales on Black Friday 2021
eMAG, the leading online retailer in Romania and one of the largest in the region, expects Black Friday sales to reach RON615 million this year, 5% more than in 2020 and expects 6 out of 10...
Forty Management Sells Almost Entirely Mixed-Use Project Developed In Downtown Bucharest
Real estate developer Forty Management, run by Lucian Azoitei, on Monday announced the off-plan sale of 90% of Bucharest-based mixed-use project Central District Viitorului 134.
Homelux Retail Chain Grows to Four Stores
Furniture and home decor retail chain Homelux has opened a new store in Ploiesti, in the Mercur Shopping Center, on Friday.
Competition Council Clears Sensiblu Takeover of 23 Optifarm Pharmacies
Sensiblu, the second largest pharmacy chain in Romania, has secured the approval of the Competition Council to take over 23 Optifarm pharmacies.
Retail Turnover Up 11.9% in First 9 Months of 2021 from Year-Earlier Period
Romania retail turnover, the main barometer for private consumption, in the first nine months of this year rose by 11.9% as gross series from the same period of last year, amid rising sales...
Metro Finalizes Integration Of 10,000-Sqm Platform Into Central Warehouse In Stefanestii de Jos
German-held retailer Metro Cash&Carry Romania has finalized the expansion by 10,000 square meters of its logistics center in Stefanestii de Jos locality near capital city of Bucharest. The c...
eMAG Readies RON990M Delivery and Warehousing Investments in Next 3 Years
Romania’s largest online retailer eMAG plans new logistics investment and it also targets regional centers that should reduce delivery times nationwide.