Retail&Consumer
Romania’s Low Farmland Prices, of EUR6,000/Ha, Stir Investors’ Appetite
The average price per one hectare of farmland in Romania revolves around EUR6,000, which is luring Romanian, as well as foreign investors, the more so as the European average is higher.
Brico Depot Wants to Digitalize Work Processes in Romania
Bricostore Romania, the company through which Britain’s Kingfisher group operates its 35 DIY units domestically, is set to implement an EU co-funded project for employee training until Janua...
Remedium Farm Reports 8% Higher Turnover, Of RON182M, In 2020
Remedium Farm, a family business operating in the field of pharmaceutical retail in Cluj County, established almost 30 years ago, reported an 8% higher turnover in 2020, up to RON182 million...
Elefant.ro Sells RON120M Worth Of Products In 1H/2021
Elefant Online, which operates online retailer elefant.ro, one of the largest online stores on the local market, on Tuesday said it sold products worth over RON120 million (gross merchandise...
Cosmetics Retailer Inglot Focuses on Online Operations in Romania
Polish-held cosmetics retailer Inglot is focusing on its online operations in Romania and will reconsider this market for resuming offline expansion with its own stores no sooner than a year...
5 to go Acquires Constanta-Based Take Five Coffee
Romanian coffee shop chain 5 to Go is acquiring local coffee shop chain Take Five Coffee based in south-eastern city of Constanta.
Romania Online Food Trade Accounts For Just 1% Of Overall FMCG Market
In Romania, the online food trade accounts for just 1% of the overall fast-moving consumer goods (FMCG) market, per the latest data from Ziarul Financiar (ZF), but online FMCG sales grow fas...
Profi Opens 100 Stores in Romania In January-August 2021
Profi retailer, controlled by Mid Europa Partners investment fund, opened 100 units in the first eight months of 2021. The initial target envisaged 250 new store openings in 2021, but the co...
MAM Bricolaj Set To Open Fourth Unit in Late October
Cristian Gavan, founder and majority stakeholder in MAM Bricolaj, a supplier of materials and furniture accessories, says he expects the fourth store of the network to be opened in October,...