The German group Schwarz, present in Romania by means of Lidl and Kaufland companies, continues to lead. According to the latest result report, the food retail market is leading at local level by means f discounter and hipermarket stores, according to a Profit.ro analysis. With businesses of 24 billion lei for 2024, on the rise by 10% against the previous year, the German discounter Lidl remains a leader of the local retail market for the 4th year in a row. In the 15 years of existence in Romania, Lidl expanded to 365 stores until the end of 2024. The company continued with the extension process in 2025, planning to inaugurate 25 stores. After an increase by 6% of the business figure in 2024, to 19.6 billion lei, Kaufland Romania – part of Schwarz group- is consilidating its challenger position in the food retail market. Although it is still at a considerable distance to the market leader, Kaufland ranks second in the top of the biggest players of the local food retail, being the only competitor able to get closer to Lidl performances. Kaufland opened the first store in the local market in 2005, in Bucharest. Since then it has continued to grow , with an average of 10-15 stores per year. A t the end of 2024, Kaufland operated 187 hypermarkets in Romania and had in plan to continue expansion. Today, Kaufland has 181 stores at national level, being the largest network of hypermarkets in the country. Now, the net proft of Kaufland exceeds 1 billion lei, after having a 33% advance in 2024, compared to about 865 million lei in 2023. Kaufland's net profit recovered after three years of drops. Kaufland is one of the largest retail companies in Europe, with over 1,550 stores in 8 countries, over 155,000 employees and a network of 191 stores in Romania. Differences between the two formats – discounter in the case of Lidl and hypermarket in that of Kaufland – create distinct growth dynamics, but also consolidates the position of Schwarz group as retail food leader. By entering the market and the expansion model redefined the modern retail in Romania by two players of the same German group, Schwarz, but with different approaches: Lidl is the promoter of the discount model, while Kaufland is the adept of the hypermarket model, according to Termene.ro.
The agency plans to expand its team and reach a turnover of EUR 450,000 by year-end. June Communications (JUNE), a business-to-business PR and integrated communications agency, has appointed Bianca Caragea as its new Operations Manager. The step strengthens the agency’s management team as it enters a new stage of growth after seven years of sustained […]
The Babeș-Bolyai University of Cluj-Napoca (UBB) has established an endowment fund, which the institution described as a "strategic" financial mechanism aimed at supporting academic excellence and ensuring the long-term sustainability of university projects. The initiative is a first of its kind in the local academia, UBB said. The endowment fund involves attracting donations/financial resources and […]
Romanian authorities are reportedly considering imposing an access fee for the Transfăgărășan mountain road. The funds would be used for setting up decent parking areas, selecting merchants, and similar initiatives. The beautiful, winding road is one of the most visited tourist attractions in the country. Local authorities say the funds from an eventual toll would […]
Colombian reggaeton superstar J Balvin will perform in Dubai for the first time this November, headlining Untold, the globally recognized festival born in Romania. The event will take place from November 6 to 9 at Dubai Parks and Resorts, featuring more than 100 international acts across five stages. The festival is staged in partnership with […]
More than 17% of Romania’s population faced severe material and social deprivation last year, which was one of the highest shares in the EU, according to the statistical bureau of the European Union - Eurostat. In 2024, 6.4% of people in the European Union faced severe material and social deprivation, a slight decrease compared to […]
The Freedom and Respect for Every Earthling association will hold the March for Animal Rights in Bucharest on October 4, to mark International Animal Day. The march will start at 11 AM at the National Theater Park, and will go on to Piața Victoriei. Organizers say they aim to bring to the forefront the suffering […]
