Reporter
Cristina Roșca
- Fields
- Companies, Retail&Consumer, Analysis
- Writing for ZF since
- 2011
- Articles
- 493
Allianz Trade: Number of Insolvencies in Romania to Rise by 20% in 2023 from 2019
The number of insolvencies globally is set to go up by around 2% in 2023 against 2019, reveals an analysis by Allianz Trade. In Romania, the number of insolvencies will be 20% higher than in...
Chinese Firms Start Investing in Romania’s Electrical Home Appliances Field
Major Chinese players are starting to invest in local electrical home appliances production and the Romanian state supports the projects with EUR30 million under the form of state aid.
Cosmetic Plant Hits RON11.9M Turnover in 2021, Up 6% YOY
Cluj-based cosmetics manufacturer Cosmetic Plant reported RON11.9 million turnover last year, 6% above the 2020 level. This is the best level since the company was founded back in 1991.
Electrolux Launches New Hob Production Line in Romania
Sweden’s Electrolux, which owns a plant in Satu Mare, this autumn opened a new hob production line in Romania. Thus, the production capacity of the local plans has reached 1.3 million units.
La Placinte Plans No Further Shutdowns, Eyes Existing Business Stabilization
La Placinte restaurant chain now has four own restaurants in Bucharest and a franchise in Iasi after the company has in recent years reshuffled its Romanian network, which had reached 12 uni...
LaDoiPasi Network Nears 1.900-Unit Mark
Proximity store network LaDoiPasi has neared the 1,900-unit threshold nationwide after having opened 281 units and closed 95 in the first ten months.
Ten Most Valuable Companies in Romania Worth EUR44B in 2022, Down 20% from 2021
The ten most valuable companies in Romania’s economy are this year valued at RON218 billion (EUR44 billion), 20% lower than in 2021.
Carrefour Romania Jan-Sept Sales Up 5.8% from Year-Earlier Period
French retailer Carrefour, present in Romania for over two decades, boosted its sales in Romania by 5.8% in the first nine months of 2022 from the similar period of 2021. The increase is lik...
Poland’s LPP Leases 80,000 Sqms from WDP for Warehouse in Romania
LPP group, active in the mass market fashion field, has leased 80,000 square meters of logistic area from Belgian developer WDP for a warehouse set to serve offline operations, according to...
Pepco Leases 50,000 Sqms in CTP Bucharest West for Warehouse
Polish discounter Pepco has leased 50,000 square meters of logistic spaces in CTP Bucharest West. The warehouse will be operated by Kuehne + Nagel Romania, a major player on Romania’s transp...
Romania, Second Major Own Production Destination for Some of World’s Strongest Luxury Fashion Brands
Prada last week opened a second plant in Sibiu, while Moncler is building its second production unit in Bacau.
Avon to Return to Growth in 2022
2022 will mark a return to growth for Avon, a major player on Romania’s cosmetics market, after three years of decline partly fueled by the pandemic.