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Top 20 Romanian Grocery Retailers See 25% Of Kaufland’s Sales
The 20 most powerful Romanian grocery retail entrepreneurial businesses barely made 2 billion lei revenue (EUR450 million) last year, four times lower than market leader Kaufland.
Nestle: Food VAT Cut Drove Romanians’ Purchasing Power Up
The food VAT cut as of June was a good step and helped improve the purchasing power of Romanian consumers and the sales of Nestle, says Herve de Froment, who is in charge of the local operat...
Romanian Farmers Switch To Crawler Tractors Due To Climate Changes
The rise in soil moisture and the change of conditions in which tractors and harvesters have to operate are causing the local agricultural machinery market to shift to more expensive product...
Online Retailer Cel.ro Sees 25% Higher Sales In Jan-Sept
Corsar Online, the operator of cel.ro, the second largest online computer and electronics retailer in Romania, posted growth of 25% in revenue in January-September and expects it to continue...
Ford Relies On Young People To Drive Its Ecosport SUV Sales
Ford Romania plans to sell 130 Ecosport cars, its new small SUV, in 2015 and up to 800 next year, says its managing director Valerio Brenciaglia who is also a member of the board of director...
Mega Image Sales In Romania Rose Over 10% In 3Q Due To VAT Cut On Food Items
Sales of supermarket chain Mega Image in Romania rose over 10% on the year in the third quarter of 2015, following the VAT cut on food items starting June 1, and this evolution enhanced the...
IKEA Sales In Romania Rose Over 12% In Catalog Year September 2014 – August 2015
Furniture retailer IKEA Romania had sales of RON424.5 million in the catalog year September 2014 - August 2015, up 12.3% on the year, mainly due to the bedroom segment.
Agricola Sales Up 4.5% To RON483M In January-September
The group of firms Agricola reported sales worth RON483 million (EUR109 million) in January-September, up 4.5% compared with the corresponding period a year earlier, the company said in a st...
Christian Tour Sales Up 15% To EUR55M In January-September
Christian Tour, the largest local operator of charter vacations, reported 15% higher sales in January-September, to EUR55 million, from travel services sold to 180,000 tourists, the company...