Deloitte: Winter Holiday Spending in Romania Set to Rise 8% in 2024 amid Price Increases
Consumption hit an all-time high in 2024 in Romania and the market continues to present major growth opportunities should current tendencies maintain, believe Colliers consultants, as the local market boast the biggest non-food retail growth rate in the EU.
5 to go coffee shop chain is in final talks with two new investors, Invenio Partners and ACP, the former Mezzanin Management, which want to take over part of the stock owned by the company’s founder, Radu Savopol, and the entire stake of Mozaik Investments, market sources told ZF.
Aquila, the market leader in integrated distribution and logistics services for the consumer goods market in Romania and the Republic of Moldova, has sealed an agreement to acquire 100% of the shares of KITAX Kft, a top five distribution company in its sector, with nationwide coverage in Hungary.
Almost one years since its arrival on the Romanian market, Turkish online retailer Trendyol has attracted 1.2 million buyers who have logged at least one order and delivered more than 11 million items locally.