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Zarea: Two Million Bottles Of Sparkling Wine Popped On New Year's Eve
Sparkling wine producer Zarea (ZARE.RO) makes about 30% to 40% of its annual sales at the end of the year, general manager Emil Popescu says.
Government-Sponsored “First Home” Program Boosted Housing Sales In 2013
New housing sales this year in Romania were mainly driven by the government-backed “First Home” mortgage lending program and developers are counting on the program to continue in 2014.
Toy Sales In Romania Expected To Reach EUR50M In December 2013
Sales of toys and games in Romania could reach EUR50 million in December, as major retailers and online stores say sales during the winter holidays generate up to 35% of their full-year turn...
Insolvent Residential Development Alia Apartments Sells Homes For EUR11.2M
The judicial administrator of residential development Alia Apartments in Bucharest, insolvent since last year, sold apartments for EUR11.2 million at an average price of EUR228,500 per apart...
Manea, Samsung: Smartphone Sales In Romania Reached 5.5Mln-6Mln Units Over Past Years
Smartphone sales in Romania have reached 5.5-6 million units over the past years, Sorin Manea, head of Samsung Romania’s telecom division, said Thursday.
Sales Of Furniture Showing Signs Of Rebound
Furniture sales in Romania increased 4% in the first eight months of the year compared to the year-ago period. This is the first positive sign coming from the industry after four years of de...
Ostahie: Altex Has Gone Hand In Hand With Economy
Romanian electronics and IT retailer Altex has pursued the same trajectory as the Romanian economy in the company’s twenty-year existence. The largest electronics & IT retailer was affected...
Pepsi’s Valea Izvoarelor Mineral Water Brand Sees EUR1.8M Sales
PepsiCo’s Vitarom Impex sold EUR1.8 million worth of Valea Izvoarelor natural mineral water bottled in PepsiCo’s plant in Covasna, central Romania, last year.
DAAS Romania Head Went From Selling Ice Cream Machines To EUR25M Business
Daniel Mocanu has gone from selling juice dispensers and ice cream machines twenty years ago to providing equipment and services for the Horeca and food retail industry through his company D...