Penny Romania reports 12% turnover growth in 2025, eyes network of 1,000 stores by 2035Discounter Penny, part of the German group Rewe, reported a RON 10.6 billion (approximately EUR 2 billion) turnover in Romania in 2025, up 12% compared to 2024. It is the 11th consecutive year with the highest growth among the food retail entities of Rewe, company representatives have said. The (…)
Retailer Penny Overshoots RON10B Revenue Mark In Romania In 2025Discount retailer PENNY Romania ended 2025 with RON10.6 billion (more than EUR2 billion) revenue, a 12% increase compared with 2024. The growth was driven by both expansion (40 new store openings) and like-for-like sales growth of existing stores. Record inflation in Europe also left its mark on (…)
Ursus Breweries Expands Cooler Brand Into Vitamin Water MarketUrsus Breweries, the beer market leader in Romania by revenue, is expanding its Cooler brand beyond its traditional categories with the launch of the first functional beverage in its portfolio: Cooler, a carbonated water enriched with vitamins or minerals.
Hagag Energy appoints Adrian Romanescu to lead natural gas distribution operations in RomaniaHagag Energy said it is accelerating the expansion of its natural gas division in Romania through a new senior management appointment. The company has named Adrian Romanescu as Distribution Director of its Natural Gas Division as it continues investing in energy infrastructure projects across (…)
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