Companies
Cargill Appoints Vasile Varvaroi General Manager For Romania
U.S. food industry group Cargill is appointing Vasile Varvaroi general manager for Romania starting June 1.
Carrefour Is The First Tenant Of Future Shopping Center In Bucharest Obor Area
Businessman Florin Pogonaru has signed an agreement with Carrefour for a space of around 10,000 square meters within the shopping center he plans to build through Prodplast Imobiliare, which...
Romanian Fuel Prices, Higher Than In Austria
Romania entered the ranking of Europe’s 10 countries with the highest diesel oil prices per liter, ahead of countries such as Germany or Belgium, following the increase of the excise tax on...
INS: Romanian Producer Prices Fell In February
Romania’s industrial producer price index inched down 0.2% on average in February compared with a month earlier, on lower prices in most sectors, the country’s statistics institute INS said...
Continental Hotels Aims For 10% Higher Revenue In 2014
Businessman Radu Enache, the owner of the Continental hotel chain, one of the largest in Romania, says he targets a 10% revenue growth this year from EUR21 million last year. However, Contin...
VCST Automotive Production Alba Iulia Expects EUR10M Revenue In 2014
Belgian-held automotive component manufacturer VCST Automotive Production Alba expects EUR9.6 million revenue this year, ten times higher than in 2013, fueled by rising demand from existing...
DIY Retailer Dedeman Sales Overshoot EUR600M Mark
On a do-it-yourself market where Praktiker and Bricostore changed owners and BauMax and OBI are planning to leave, the Paval brothers took Dedeman to over EUR600 million revenue.
Former Interex Spaces To Be Rented Out Or Sold
Businessman Sorin Bonciu, who a year ago took over the ten Interex stores after the French shareholders left the Romanian market, started finding tenants or buyers for them.
IKEA Wants To Expand Romanian Supplier Base
Swedish group IKEA, the world’s largest furniture retailer, plans to bolster furniture acquisitions from Romania as part of its global strategy targeting sales of EUR50 billion by 2020.