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Articles - retailers

Insignis opens a designer furniture showroom on the ground floor of an office building in the Bucharest Business Park complex

Four companies that sell furniture have rented sales spaces on the ground floor of office buildings in the northern area of Bucharest, the total area exceeding 10,000 sqm. The last one opened is the new Insignis concept store, with an area of 673 sqm, which will exhibit and sell pieces of furniture from top brands in Europe. The lease transaction was assisted by Fortim Trusted Advisors, a member of the BNP Paribas Real Estate Alliance.

Mid Europa Partners buys Profi from EI for EUR 533 mln in historic retail deal

Private equity fund Mid Europa Partners has taken over retail chain Profi from Polish Enterprise Investors in a deal worth EUR 533 million.

Lidl opens in Bucharest’s Aviatiei neighborhood its greenest supermarket yet

Lidl Romania is set to open on November 24 its first supermarket located in the Aviatiei neighbourhood, the northern area of Bucharest. Built by Skanska Romania, the supermarket was developed according to state-of-the-art green solutions.

Mega Image reaches 500 stores in Romania

Supermarket chain Mega Image, part of Belgian-Dutch group Ahold Delhaize, has reached a network of 500 stores in Romania.

DIY retailer Praktiker reopens four stores in Romania after EUR 1.6 mln upgrade

DIY retailer Praktiker, owned by Turkish investor Omer Susli, reopened four of its stores after investing EUR 1.6 million in upgrading them.

Romania’s retail trade records biggest growth in EU in October

Romania’s retail trade turnover grew by 12.1% in October compared to the same month last year, recording the biggest increase in the European Union, according to EU’s statistical office Eurostat.

Penny Market opens store in Pipera, close to office buildings

The discount store chain Penny Market, part of the German group Rewe opened a store on Pipera street, in the district where some thousands corporate employees are working. According to ZF information, this is the first store opened by the Germans this year, being the 157th unit of the network.

Praktiker Group is looking to sell their Romanian properties

German do-it-yourself retail chain Praktiker is seeking buyers for its Romanian operations, which include 27 stores with sales of EUR 142 million in 2012, according to Mediafax.

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