Retail&Consumer
Administrator Of Athenee Palace Hilton Bucharest Hotel Summons Shareholders To Vote On Company Delisting
Athenee Palace S.A. Bucuresti (ATPA.RO), the company which administers the same-name hotel in downtown Bucharest, said Tuesday in a stock market statement that it would summon shareholders o...
Pain Plaisir Invests EUR160,000 In Relocating Its Bakery In Bucharest’s Dorobanti Area
Artisanal bakery Pain Plaisir, a business established seven years ago by two Romanians and a Brit, has announced the completion of works to relocate its bakery in Bucharest’s Dorobanti area...
Horváth & Partners: Online Sales Seen Growing 28% in 2020, to EUR5.5B
Online sales increased in the past three months amid pandemic-related restrictions and are seen growing 28% in 2020 compared with 2019, to nearly EUR5.5 billion, a study by management consul...
Government Approves 3-Month Tax Exemption for Hospitality Industry
Romania's government has approved a three-month tax exemption for annual industry-specific taxes paid by companies in the hospitality industry.
Coca-Cola Brings Costa Coffee Brand Back to Romanian Market
Coca-Cola HBC Romania has brought the Costa Coffee brand back to the Romanian market. The coffee brand will be available in packaged form in all retail stores in the country and in the hospi...
Samsung Posts 11% Growth in Turnover in Romania in 2019, to RON5.1B
South Korean giant Samsung reported a turnover of around RON5.1 billion on the Romanian market in 2019, up nearly 11% compared with 2018. The group's local business nearly doubled in the pas...
Farmexim Seeks to Reach 400 Partner Pharmacies in 2020
Farmexim, the fourth largest pharmaceutical wholesaler in Romania, part of German Phoenix group, seeks to reach 400 partner pharmacies this year though the Benefica program it started in 201...
New ibis Styles Bucharest City Center Opens on June 22
The ibis Styles Bucharest City Center hotel will open on June 22, following an investment of EUR10 million. This is the second hotel project of Dentotal group, owned by the Dogariu family, w...
Winemaker Cotnari Turnover Drops 9% in 2019, to RON144M
Cotnari, a winemaker based in Iasi, northeastern Romania, ended 2019 with a turnover of RON144.1 million, down 9% on the year, finance ministry data showed.