Retail&Consumer
evoMAG To Sell Some Of Its Products On Elefant.ro
Online retailer evoMAG will be selling a part of its products via online retailer elefant.ro, starting August 2021. The partnership entails including in the offer of elefant.ro, until the en...
Bread Price in Romania Is Almost Half the European Average, the EU’s Lowest Level
The price of bread in Romania is almost half the European average, more exactly at 56%, in line with Eurostat data.
Carrefour Romania: Bucharest Generates 35% of Overall Operating Profit
French-owned Carrefour, which covers several store formats domestically, has 337 units in Romania. By yearend, the retailer will go beyond the 350-unit threshold, though.
Kaufland Romania: There Is Still Room for Growth on Romanian Market
German-held retailer Kaufland Romania, the second largest player in Romanian retail by turnover in 2020, is betting on store openings in small urban areas with around 20,000 inhabitants, wit...
Sphera Franchise Group to Pay RON35M Dividends
Sphera Franchise Group (SFG.RO), the operator of the KFC, Taco Bell and Pizza Hut brands in Romania, has approved the proposal of its Board of Directors to disburse more than RON35 million d...
XXXLutz Furniture Stores Post RON85M Sales in 2020
XXXLutz furniture stores, which replaced the kika brand, ended 2020 with RON85 million sales, a decline of about 20% on 2019, Finance Ministry data show.
NEPI Rockcastle Resumes Expansion Plans in Romania
NEPI Rockcastle, the largest investor and developer of shopping centers in Central and Eastern Europe, has resumed expansion in Romania in Bucharest and in Craiova.
Germany’s Aldi Delays Entry Into Romanian Market
German discounter Aldi postpones its entry into the Romanian market because it focuses on existing markets, most of which are in Western Europe, according to Ziarul Financiar sources.
Calin Tiplea Appointed Chief Operating Officer Of Coffee Shop Chain 5 to go
Calin Tiplea has been appointed Chief Operating Officer of coffee shop chain 5 to go, starting August 2021.