Retail&Consumer
Capital Bucharest, With Its Four Cora Hypermarkets, Contributes 50% To Cora Business In Romania
Capital city Bucharest, the largest and most developed urban center in Romania, contributes 50% to the business of Cora store chain in Romania, namely, the hypermarket business considering t...
Kingfisher Sales In Romania Grow 12% YoY In 2Q/2021
Sales of retailer Kingfisher in Romania, where it owns do-it-yourself (DIY) Brico Dépôt stores, grew by 12.3% on the year in the second quarter of 2021, and by 27.4% on the year in the first...
TED'S Coffee To Open Three New Units In Bucharest, In September 2021
Coffee shop chain Ted’s Coffee, owned by Romanian entrepreneur Vasi Andreica, will be opening three new coffee shops, in capital city Bucharest, in September 2021.
Simba Invest Profit Tops RON17M in 2020, Up 62% YoY
Bacau-based Simba Invest, a major consumer goods distributor in Romania, in 2020 generated turnover worth around RON495.9 million (EUR102.9 million), up 10% from the previous year, in line w...
Sphera Franchise Group Switches To RON5.2M Net Profit In 1H/2021 Vs RON22M Loss In 1H/2020
Sphera Franchise Group (SFG.RO), the operator of the KFC, Taco Bell and Pizza Hut brands in Romania, reported consolidated sales of RON444.5 million in the first six months of 2021, up 46% o...
MAM Bricolaj Turnover Surges 48% To RON25M, Profit Plunges 78% To RON0.5M In 1H/2021
MAM Bricolaj (MAM.RO), a supplier of materials and furniture accessories, held by the Gavan family, ended the first half of 2021 with a turnover of RON24.9 million, up 47.7% on the year, and...
Monica Cadogan Steps Down As CEO Of Vivre Deco
Online furniture and home decor retailer Vivre Deco on Thursday informed the holders of Vivre bonds, traded under the symbols VIV25E and VIV26E that, on August 24, 2021, Monica Cadogan annou...
Furniture Retailer JYSK Opens Stores in Timisoara and Rosiorii de Vede, Reaches 106 in Romania
Danish-held furniture and home décor products retailer JYSK continues expansion in Romania by opening new stores, in Timisoara and Rosiorii de Vede, Teleorman, for a total of 106 in the coun...
DIY Retailer Brick Romania To Develop Regional Center Network To Cover Small Localities
Brick Romania, a local DIY and home improvement retailer based in Constanta, will be developing a network of regional centers to ensure supply to small localities.