Flanco announced the acquisition of its first two real estate projects for new greenfield stores. They are in commercial areas of Botosani and Brasov and were purchased in the last six months, each with an area of 5,000 square meters. […]
Carrefour Group announces the appointment of Gilles Ballot as Chief Executive Officer of Carrefour Romania starting from February 12, 2024. Gilles Ballot will report directly to Laurent Vallée, General Secretary of Carrefour Group and Executive Director of Northern Europe. “I […]
City Grill Restaurant Group, one of the strongest domestic players in the HoReCa industry, ended 2023 with a turnover of 55 million euros. For the current year, exceeding the threshold of 60 million euros is estimated, supported by the opening […]
The media retail market in Romania will exceed 10 million euros in 2024, increasing by more than 30 percent compared to the previous year, according to the analysis of Footprints AI, a Romanian technology company that develops and markets an […]
eMAG strengthens its regional management team and appoints Mircea Tomescu to the position of Chief Marketing Officer for Romania, Hungary, and Bulgaria. In this role, Mircea Tomescu will coordinate brand and marketing strategy and execution together with the integrated marketing […]
Lefties, brand by Inditex Group, one of the largest fashion retail companies in the world, is opening its second Digital Store in Romania this year in the Iulius Town Timisoara mixed-use complex, spanning on a area of 5,000 sqm. The […]
The eMAG Group appoints Bogdan Vaduva, a professional with solid experience in auditing and consulting, to the role of Group Chief Financial Officer. Throughout his 22-years career, Bogdan Vaduva has coordinated multi-disciplinary teams in major projects from various industries, from […]
Auchan Romania continues investments in the development of its store network and improves the hypermarket model by developing a new concept for this format, already applied in Auchan Berceni. Recently remodeled under the hyperstore concept, Auchan Berceni offers consumers a […]
KFC sees ‘huge opportunities’ to grow on the Romanian market in the next years, according to Sabir Sami, CEO of KFC. “Even in the current economic context, we see the opportunity to grow our business. We are the fastest growing […]
eMAG announced 2.8 million products for this year’s Black Friday campaign and estimates total sales of 680 million RON, 44 million more than in 2022. The company’s representatives claim that 71% of the offers are at the best price since […]
