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Dorin Catana Steps Down As CEO Of Centrofarm After Six-Year Term
Dorin Catana, the chief executive officer of the Centrofarm retail pharmacy network, stepped down from his position and was replaced by Catia Radulescu, a member of the board of directors an...
Five Of Romania's Top 40 Shopping Centers Make Up 40% Of Total Turnover
Five of the 40 most important shopping centers in Romania account for almost 40% of total turnover, but together only make up 21% of the country's gross lettable area, according to a study b...
INS: Adjusted Retail Sales +4.5% On Year In First Quarter
Romanian adjusted retail sales rose 4.5% in the first quarter of 2012 compared with the year-earlier period, on growing consumption in all sectors, the statistics institute INS said Friday.
Colliers: Retail Spaces Under Construction In Romania Total 300,000 Sqm
Retail spaces under construction in Romania stretch onto around 300,000 square meters, of which 170,000 sqm are to be delivered until the end of the year, real estate advisors Colliers said...
Auchan Buys Real Estate Project On Former Tractorul Platform In Brasov
French group Auchan took over from Flavus Investitii the real estate project developed on the former Tractorul industrial platform in central Romanian city Brasov.
Development Of Romanian Modern Retail Curbed Food Price Increases – Study
The development of modern retail in Romania in 2000-2011 has put pressure on the increase in food prices - as the segment's share grew by 1%, prices dropped by 0.88 points, says a study pres...
Interventionist Measures Harm Retail, Romania Must Support Small Producers - Antitrust Watchdog
The state should support small producers so they will be able to sell their products in large retail stores, which represent 50% of the market, and be less concerned with adopting interventi...
INS: February Adjusted Retail Sales -2.5% On Month
Romanian adjusted retail sales decreased 2.5% in February compared with a month earlier, due to falling demand in most sectors, the statistics institute INS said Tuesday.
Billa: This Will Be Our Best Year For Sales And Openings
Sorana Georgia, manager of supermarket chain Billa, says 2012 will be the best year for the company she runs both in terms of turnover and in terms of the number of openings. Billa’s estimat...