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Agricola Bacau Sells 56% Of Production To Retailers
Agricola Bacau group, one of the largest players in Romania’s meat industry, with a turnover of nearly EUR151 million and 2,895 employees in 2016, sells 56% of its production of poultry meat...
Sales Of AFI Palace Cotroceni Retailers Down Nearly 2% To EUR54M In 1Q/2017
Israeli group AFI Europe registered a net operating income (NOI) of EUR8.3 million at its Bucharest-based shopping mall AFI Palace Cotroceni, in January-March 2017, up 2.4% on the year, but...
Klaus Reisenauer, Oasis: Financing, More Accessible For Retailers In Germany Than Romania
The German real estate market provides easier access to financing for retailers compared with the Romanian market, according to Klaus Reisenauer, shareholder of real estate company Oasis, wh...
Sales Of AFI Palace Cotroceni Retailers Up 14% To Over EUR55M In 1Q/2016
AFI Europe Romania registered a net operating income (NOI) of RON10.8 million in January-March 2016, from its income-generating assets in Romania, which translates into an increase of 12.2 %...
Romanians Spent RON560M Monthly Abroad By Card In 2014, An All-Time High
Owners of cards issued by local banks in 2014 operated payments at retailers abroad worth 6.7 billion lei (EUR1.5 billion), up one fifth against 2013, according with BNR data.
Payments By Card Top RON30B In 2014
Owners of cards issued by local banks in 2014 operated payments at retailers worth 30 billion lei (EUR6.7 billion), up 16% from 2013, according with BNR. However, cash withdrawals from ATMs...
Sales Of Baneasa Stores Flat At EUR205M In 2014
Stores in Baneasa shopping center saw sales stall at EUR205 million last year amid stable traffic, Georgios Argentopoulos, the chief executive officer of Baneasa Developments, the company th...
Selgros, Mega Image And Tymbark Set To Appeal Antitrust Fine In Court
Selgros Cash&Carry on Tuesday rejected the accusations of Romania’s Competition Council, which fined the company RON6.6 million, and awaits the watchdog’s motivation in order to start legal...
Bucharest Ranks 30th Among European Cities By Interest Of International Retailers For Expansion
Bucharest ranks 30th among the most attractive 57 cities in Europe in terms of the interest of international retailers for expansion, after Budapest and Warsaw, and 25th as regards luxury br...