The French retailer Carrefour is planning to sell its store chain in Romania. The retailer has already hired an investment bank to assess buyer appetite, at a time when it also wants to withdraw from Argentina and Poland, the French press reports. Carrefour entered Romania in 2001, being one of the first modern retailers to put Romania on the map of their businesses. The French group Carrefour has been planning to sell its operations in Central and Eastern Europe, including Romania, since the summer. The discussions were held with great discretion, both with a number of large retailers and with an investment fund, the French press also says. The move comes as the €85 billion-a-year giant tries to find its way in a market that is constantly changing both in terms of consumer behavior and store formats. French group Carrefour, Europe’s largest retailer, announced in July this year that it had reached an agreement to sell its Italian operations to food and beverage producer NewPrinces, Reuters reported. The sale of Carrefour Italy, which operated 1,188 stores but last year recorded operating losses of 67 million euros, will boost Carrefour’s profitability, the French group said in a press release. In 2025, Carrefour Romania operates over 450 stores nationwide, in approximately 113 cities in the country, according to official data and the economic press. In a recent analysis conducted by the financial analysis platform RisCo.ro, the top supermarkets in Romania, based on financial data reported for 2024, was controlled by German retailers Lidl and Kaufland, while Belgium-based Profi ranked third and Carrefour fourth.
The Romanian Parliament's Chamber of Deputies greenlit a request from opposition parties Alliance for the Union of Romanians (or AUR), SOS Romania, and the Party of Young People (or POT) to establish an inquiry commission into the October 17 explosion at the residential building in southern Bucharest. Three people died in the blast, which was […]
Two new studies centering on Romanians’ purchasing habits in connection with the yearly discount event known as Black Friday show a starkly different image compared to previous years. The findings suggest Romanians traded impulsivity for strategic planning. According to the latest Cargus survey conducted among 1,036 urban respondents, seven in ten Romanians are tracking desired […]
Colorful foliage, tranquil surroundings, and plenty of nature to explore: from mountain towns to wine-country escapes, we've selected below several options for an autumn break. Buzău Land This area, located in the southeastern part of the country, in the Carpathian bend, has been a UNESCO Geopark since 2022. It's a completely rural area that offers […]
Beyond Business School, founded by serial entrepreneurs Andra Ghibuțiu and Grégoire Vigroux, today announced the launch of the 3rd edition of its executive program in Bucharest. Designed for ambitious professionals ready to accelerate their careers, the program combines internationally accredited courses, hands-on business training, and direct access...
The sound of jazz will once again fill Oradea this November as the ORA Jazz Festival returns for its sixth edition, bringing together artists from across Europe and beyond. The festival will take place between November 14 and 16 at the Oradea State Philharmonic and the Sion Neolog Synagogue. This year’s edition features performers from […]
Allianz-Țiriac Asigurări announces the appointment of Codruța Furtună, currently Sales and Distribution Director, as Deputy Chief Executive Officer. The nomination has been approved by the Financial Supervisory Authority (ASF) and will be registered with the National Trade Register Office. Codruța Furtună will continue to oversee the Sales and Distribution area in Allianz-Țiriac, playing a key […]
