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Romania Makes EUR30M Worth Of Toys, But Buys Five Times More
Romania makes only 134 million lei (EUR30 million) worth of toys and games a year, but "consumes" five times more and 90% of the products are imported.
Romconsulting Buys Part Of Mario Plaza Shopping Center
Romconsulting, one of the largest owner of street retail space in Bucharest and of the Grand Offices office building of Calea Floreasca, purchased the ground floor of Mario Plaza shopping ce...
PC Garage Aims For 30% Growth In 2014
PC Garage, a company that manages several online computer and electronics stores like pcgarage.ro, pcfun.ro and garagemall.ro, will see growth of 30% in sales this year, outperforming the en...
Retailers Sell Private Label Products Of EUR2.5B/Year
Private labels launched by store chains have in recent years conquered some of the most important ranges of Romanian retailers’ sales, such as vegetable oil, yogurt, soap or chocolate, where...
Profi Keeps Foot On Expansion Pedal
Pawel Musial, chief executive of retailer Profi, says the network will add around 60 new supermarkets this year, the same as in 2013.
Retail Executives: Consumer Spending Not Rising, FDI Still Low
The executives in modern retail expect a slight economic rebound this year because of a good farming season and a new increase in exports.
Auchan Becomes Second-Largest Hypermarket Chain In Romania In 2014
Auchan will have the second largest hypermarket network in Romania in 2014 when it completes the remodel of the 20 Real hypermarkets it bought from Metro, according to market research firm G...
Nestle Romania CEO: Local Modern & Online Retail Grows Twice As Fast As In W Europe
Nestle Romania Chief Executive Officer Herve de Froment said Romania is the place to be when it comes to the revolution of modern retail and e-commerce, because what took Western European co...
Retailers End Year With Over 250 New Stores After EUR200M Investments
International modern retail chains expanded their networks at a fast pace in 2013, for the third year in a row, opening 255 stores and hiring 4,000 staff.