The Competition Council has expressed its agreement in principle for the retailer Annabella SRL to purchase the 87 stores that Mega Image has committed to selling in order to complete the takeover of Profi Rom Food SRL, the competition authority informs in a press release.The Competition Council authorized the transaction through which Delhaize "The Lion" Nederland BV (Mega Image) took over Profi Rom Food SRL with conditions relating both to the relationship with suppliers and to the functioning of the local retail market for consumer goods, mainly food, through stores.Thus, Mega Image has committed to divest 87 stores in 44 localities where the activities of the two companies overlap and could lead to a reduction in consumer choice.In this context, Mega Image presented to the competition authority the proposal that Annabella SRL purchase the 87 stores, including all the assets and personnel necessary to ensure the viability and competitiveness of the respective stores, in particular: commercial space, equipment, personnel, stock, clientele and commercial ford."Through this acquisition, Annabella will enter markets where it has not been present before, such as Cluj, Bihor, Timis, Bacau, Vrancea or Constanta, becoming a new competitor on the retail market. As a result, we have given our agreement in principle, with final approval to be given by authorizing the transaction," said Bogdan Chiritoiu, president of the Competition Council, quoted in the press release.Annabella SRL is a retailer with Romanian capital, which operates 118 stores in the counties of Arges, Brasov, Dambovita, Giurgiu, Ialomita, Olt and Valcea. (PHoto:https://www.annabella.ro/)
“Little London” Theoretical High School, a private educational institution in Romania that values the Romanian educational system, has started construction work for the expansion of its school campus located in Voluntari, on Erou Iancu Nicolae Street. This initiative will increase high school capacity by 30% starting from the 2025-2026 academic year. In this context, the […]
British heavy metal band Iron Maiden will perform at Bucharest’s National Arena on May 28, 2026, as part of their “Run For Your Lives” anniversary world tour, promoter Emagic announced on Thursday, September 18. The concert will feature a career-spanning setlist highlighting defining moments from the group’s five-decade history, accompanied by what organizers described as […]
Three-quarters of Romanians believe that the war in Ukraine affects Romania to a very great and fairly great extent, according to the third edition of the Informat.ro barometer by INSCOP Research, carried out between September 1 and 9. The monthly survey, which aims to bring to public attention topics of interest, shows that “opinions are […]
Daniela Schoppmeyer, the majority shareholder and general manager of Faberrom, a company that took over in the 1990s most of the spaces of the former APACA clothing factory in western Bucharest, is the new owner of half of the emblematic Scala residential block, on Magheru Boulevard, Profit.ro reported. Schoppmeyer...
The Bucharest Municipal Parking Company (CMPB) inaugurated 189 new parking facilities with more than 12,400 spaces in the first half of 2025, while revenues from parking fees rose 20% year-on-year to RON 50.4 million (roughly EUR 10 million), the company said on Thursday, September 18. CMPB reported a net profit of RON 28.3 million for January–June […]
Romania has inaugurated underwater seagrass meadows and artificial reefs in the Black Sea as part of a major restoration project aimed at curbing erosion and reviving marine biodiversity, the National Administration “Apele Române” said. More than 20 hectares of seabed have already been planted with Zostera noltii seagrass and transplanted with Cystoseira barbata seaweed, creating […]
