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Banks Reluctant To Make Loans Cheaper
The average interest on corporate loans in lei rose slightly in August to 8.7%, while the average deposit interest fell by almost 0.7% to 3.4% a year, reveal central bank data. The corporate...
HR Insider: A Country Manager In Retail Can Earn EUR15,000/Month
Salaries of top managers in retail remain some of the most competitive on the market, as retailers continue investments and recruitment.
Cigarettes, Meat, Edible Oil Producers Boast Exports Of EUR460M In 1H
Producers of cigarettes, meat and sunflower oil together had total exports of around EUR460 million in the first half of this year, shows a ZF analysis based on the official statistics of th...
Romanian Bookstore Chain Diverta Close To Ending Reorganization, Has 36 Fewer Bookstores
Bookstore chain Diverta has closed down 36 units since becoming insolvent in 2010 and is now left with 26 stores.
Promenada And Baneasa Malls Start Fight Over Richest Romanians’ Budgets In October
The opening in less than a month of the Promenada Mall in northern Bucharest will set off one of the biggest battles for clients in Romanian modern retail: the mall’s owner, Austrian Raiffei...
IT Solutions Integrator RBC To Branch Out, Go Abroad
Romanian Business Consult, the largest IT solutions integrator for retail and food companies, plans to expand to new business segments and go abroad, Andrei Bojita, the general manager of RB...
Lidl Resumes Expansion In Romania After Three-Month Hiatus
German retailer Lidl resumes expansion with two stores outside Bucharest and wants to open seven more by yearend to bring its local network to a total of 169 units.
Dusan Wilms, Metro: Large Format Stores In City Centers Suffocate Traditional Retail
Dusan Wilms, one of the most important executives in local retail, who runs the Romanian operations of Metro Cash&Carry, says the aggressive expansion of hypermarket and supermarket chains i...
Top 20 Restaurants Owners See RON1B Revenue Together
The twenty largest restaurant chains in Romania posted aggregate revenues of 1 billion lei (EUR225 million) last year and international brands McDonald’s, KFC and PizzaHut contributed 70% of...