MARKET
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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.
Furniture Exports Up 17% YY In 2011, To EUR1.38B
Furniture exports widened by 17% on the year in 2011, to a record EUR1.38 billion, according to local furniture maker association APMR.
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.
Strabag Posted Turnover Of EUR206M In 2011, Does Not Expect Construction Market To Rebound
Austrian group Strabag, which is building the Deva-Orastie highway, as well as office building Sky Tower in Bucharest, registered overall turnover of around EUR206 million in 2011, up 20% on...
Exports Rose By 1.4% In January After 20% Rise Last Year
Exports rose in January by just 1.4% in euro terms compared with the same month a year ago, affected by the demand decline in the euro zone, the main market for Romanian products, as well as...
Sparkling Wine Producer Angelli Doubled Exports In 2011, Eyes New Markets
Alcoholic beverage producer Angelli doubled exports last year and sold 8 million bottles, the same as in 2010. The company wants to tap new markets this year.
UPC Plans To Stay In Romania
UPC, part of U.S. group Liberty Global (LGI), has no plans for an exit from the Romanian cable TV market “at the moment”, Mike Fries, president and chief executive officer of the company, sa...
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,...
Winemakers Expect Fiercer Competition, Rise In Number Of Specialist Stores
The Romanian wine market could stagnate in 2012 after having lost some of its volume over the past few years, according to ZF estimates based on data provided by winemakers.