Rewe Romania, operating Penny Market retailer, has reported a turnover of almost RON 3 billion last year, 5 per cent more as against 2016, the group’s officials have announced in a press conference in Bucharest on Wednesday. For the Penny ...Read More »
Greek toy retailer Jumbo posted an 8 percent rise in net profit for the fiscal year to end June, mainly due to robust growth in Bulgaria and Romania, Hellenic newspaper Kathimerini reported. The 12-month net profit stood at EUR 131 ...Read More »
Greece’s biggest listed toy retailer Jumbo posted on a 6.8 percent rise in sales for its fiscal year to the end of June, thanks to strong growth in Romania and Bulgaria, ekathimerini.com informs, quoting Reuters. It said it expected sales ...Read More »
Cluj-based Farmec, Romania’s largest cosmetics producer, continues its ambitious plans for 2017. Farmec announces its stores network expansion nationwide, by opening 15 new retail spaces this year, as a press release informs on Tuesday. The local company also intends strengthening ...Read More »
German shoe and sportswear retail chain Deichmann launched its online store in Romania. The company currently has 75 stores on the local market, and last year recorded sales of RON 28.5 million (EUR 74 million), up by 12 percent compared ...Read More »
Mega Image to continue its expansion plan in Romania. How much is the Belgian retailer willing to invest this year?
Mega Image, part of Belgian Delhaize Group, will continue to expand in the next two years at the same pace as in the recent years, with investments of about EUR 50 million per year, Vassilis Stavrou, COO of Mega Image ...Read More »