Reporter
Cristina Roșca
- Fields
- Companies, Retail&Consumer, Analysis
- Writing for ZF since
- 2011
- Articles
- 493
GED Buys Remaining 20% In Travel House Travel Agency
Corina Souvannasouck sold her 20% stake in tour agency Travel House to Spanish-held investment fund GED, for an undisclosed amount, according to Official Gazette data.
Profi Is In Talks With Several Chains Over Potential Acquisition
Retailer Profi, controlled by investment fund Enterprise Investors, is in acquisition talks with several store chains on the market. The company has made acquisitions in the past, having bou...
Former Head Of Douglas Perfumeries Takes Reins Of Inditex’s EUR100m Business
Inditex, the largest local fashion retailer, has appointed Paul Cuza, 38, as general manager for Romania, former country manager of Douglas perfumeries. Inditex posted around EUR100 million...
Local Brands That Disappeared From Romanian Retail
First came Univers’All, followed by Pic, and then by Artima, Albinuta, and Carrefour Express. Local modern retail has lost several brands in the last few years. Bankrupt, sold or simply elim...
Braiconf Sees Rising Productivity With One Third Of The Employees It Had Ten Years Ago
The situation of the textile industry in recent years is best reflected in the evolution of Braiconf, one of the oldest domestic brands: in 2005, shareholders complained about the high perso...
Lidl Comes With New Business Model: Private Labels Fill Store Shelves
Lidl, the German discount-type network that has embarked upon the most extensive foray in Romanian retail, has also brought a new business model. The retailer that currently operates around...
How Rom Managed To Beat International Chocolate Brands
Rom chocolate, one of the few domestic brands that have survived the changes Romania has undergone over the past 50 years, is the second best-selling chocolate bar, ahead of global products...
Carrefour Reports Rising Sales In 2Q, Sending Signals Of Consumer Spending Rebound
French retailer Carrefour, leader of Romania’s hypermarket segment, is bringing the first good news for retail after a long period of declines, namely a 1.4% increase in like-for-like sales...
Indoor Advertising On Rising Trend, Despite Fall Of Overall Advertising Market
The indoor advertising sector (advertising in office buildings, blocks of apartments, airports, bars, restaurants) valued by the industry at EUR6 million to EUR10 million, was rising last ye...
Nivea’s Business Model: Be Everywhere
The Nivea brand last year had a EUR67 million budget for promotion (at rate card value), the tenth largest budget for a brand in Romania. The amounts allocated for promotion will increase th...
Arad Furniture Maker Becomes Kika’s Main Supplier Of Sofas
Furniture maker Cotta International based in Arad, one of the top ten companies in its industry, has become the main supplier of sofas of the Austrians at kika. Kika has a 67-strong store ch...
Food Is More Expensive Than A Year Ago
Flour, milk, poultry and pork have become over 6% cheaper in June against May, shows ZF’s food index, calculated based on Bucharest hypermarket prices.