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CBRE Romania Names New Leasing Manager At Retail Department
Real Estate

CBRE Romania Names New Leasing Manager At Retail Department

Real estate consulting firm CBRE Romania has appointed Oana Vijiala as leasing manager within the retail department.

Ecaterina Craciun · 01.04.2014 · 14:10 · 1 min
Consumption Set To Rise In 2014, But Politics Will Dictate Growth Pace
Retail&Consumer

Consumption Set To Rise In 2014, But Politics Will Dictate Growth Pace

Consumption inched up by 0.4% in 2013, propped by December figures, as Romanians reopened pockets to buy home appliances, furniture and clothes. In January, though, retail sales advanced by...

Catalina Apostoiu · 20.03.2014 · 00:00 · 2 min
Lidl Buys Former Poiana Plant Of Brasov
Real Estate

Lidl Buys Former Poiana Plant Of Brasov

German-held retailer Lidl acquired the former sweets plant of Brasov owned by Mondelez Romania, the producer of Poiana chocolate, but plans to sell part of the land plot for the construction...

Catalina Apostoiu · 18.03.2014 · 00:00 · 1 min
Grocery Retail Sales Reached EUR14B In Romania In 2013
Retail&Consumer

Grocery Retail Sales Reached EUR14B In Romania In 2013

Romanian consumers spent almost EUR14 billion in hypermarket, supermarket, discount store chains and traditional retail stores last year, the same as in 2012.

Loredana Frățilă-Cristescu · 17.03.2014 · 00:00 · 1 min
Retail&Consumer

Italian Retailer Yamamay Opens Second Store In Romania

Italian lingerie and swimsuit retailer Yamamay will open its second store in Romania at the end of the week, which is located in shopping center Iulius Mall Timisoara.

Ecaterina Craciun · 13.03.2014 · 13:51 · 1 min
L’Oreal Plans Strong Growth On The Romanian Market
Retail&Consumer

L’Oreal Plans Strong Growth On The Romanian Market

Gilles Antoine, appointed to run L’Oreal Romania two years ago, says that after bringing the business back to an upward trend, he wants it to become leader of the domestic market and exceed...

Catalina Apostoiu · 21.02.2014 · 00:00 · 2 min
Tequila Sales Up 43% In 2013 Against 2008, Heading Toward EUR5M
Companies

Tequila Sales Up 43% In 2013 Against 2008, Heading Toward EUR5M

Sales of tequila, a drink that sold less than 20,000 liters on the Romanian market a decade ago, reached some 228,000 liters last year, up 43% compared to 2008, while most spirits categories...

Catalina Apostoiu · 20.02.2014 · 00:00 · 2 min
Farmec Cluj Navigated Crisis Well With Cheaper Products
Companies

Farmec Cluj Navigated Crisis Well With Cheaper Products

Farmec Cluj, Romania’s largest cosmetics producer, saw its revenue advance in each of the past five years of crisis, as on a market dominated by multinationals Farmec products are 30-40% che...

Catalina Apostoiu · 20.02.2014 · 00:00 · 2 min
Paturan Family Brings New Footwear Brand In Romania
Companies

Paturan Family Brings New Footwear Brand In Romania

Eugen Paturan, the entrepreneur who holds the Bata franchise in Romania together with his wife, is bringing a new footwear brand, New Balance, rivaling Nike and Adidas, on the Romanian marke...

Catalina Apostoiu · 19.02.2014 · 00:00 · 2 min