Reporter
Cristina Roșca
- Fields
- Companies, Retail&Consumer, Analysis
- Writing for ZF since
- 2011
- Articles
- 493
Kenvelo Head: Romanians Like To Spend Money, Even During Hard Times
There was a time when Kenvelo was leader on the Romanian fashion market, recalls Philippe Besadoux, who has been running Kenvelo’s operations in Romania for almost three years. The market be...
Former Teacher Turned Entrepreneur: Turnover Of RON280M From Retail And Meat Processing
A former teacher from Ramnicu Valcea, Dumitru Craciunescu, has in the last two decades created a RON280 million (EUR63.8 million) business with a chain of 27 food stores under the DIANA bran...
Local Detergent Maker Expects Revenue Of RON2.5M In 2012
Three Romanian investors have built a liquid detergent plant in Prahova county (southern Romania) in an investment that will reach about EUR1 million by the end of this year.
Whirlpool: Market Development Will Depend On Income Evolution
Whirlpool Romania, the local subsidiary of one of the world’s largest home appliances manufacturers, will rely on premium products this year to register the same level of sales as in 2011.
Olteanu, Henkel: We Don’t Expect Consumers To Be More Optimistic This Year
Henkel, one of the largest players on the Romanian fast moving consumer goods market, ended last year with a turnover of 543 million lei (EUR123.8 million), down about 3% on the year.
Sephora: Women By Nature Are Impulsive Shoppers
Sephora Marinopoulos, the company with Greek and French shareholders which owns and operates multibrand cosmetics chain Sephora, estimates a sales growth of 10% at the most after last year s...
Benvenuti Bets On 5% To 10% Growth In 2012
Dan Pavel, the founder and majority shareholder of footwear and accessories retailer Benvenuti, expects sales to grow by 5% to 10% in 2012 after having gone up last year too.
A Better Year For Electro-Retail
The electronics, home appliances and computer market will continue its upward trend in 2012, after a good 2011, manufacturers and retailers in this industry believe. Sales of refrigerators,...
Retailers Have Invested EUR50M Since Start Of 2012
Modern retail companies invested about EUR50 million in the first two months of year to open 29 stores throughout Romania. They did it in part because they were encouraged by the four consec...
Spar To Open Two New Stores In Its Second Try On Romanian Market
Brasov-based company Retail D&I 2011, which holds the franchise of Dutch retailer Spar on the Romanian market, will open two stores in Brasov in March, bringing the total number of Spar-bran...
Food Retail Up, Fashion And Cosmetics Down In January
Consumption showed the first signs of rebound in the last quarter of last year and pursued an even faster rise in 2012. The almost 10% increase came from food retail, which was helped by the...
The Man Who Brought Coca-Cola To KFC And Pizza Hut Seeks To Double Business: 120 Restaurants And EUR130M Turnover
He took the reins of the Yum! brands in Romania - KFC, Pizza Hut and PHD – at the end of 2011 and has already made a big change by ditching Pepsi for rival Coca-Cola. His plans, however, don...