Retail&Consumer
Soft Drinks Producers Say Overtaxing Sugary Drinks Will Lead to Layoffs
Romania's government won't collect as much as it expects from its proposed tax on sugary drinks, the national association of soft drinks producers said Tuesday, adding the tax may lead to la...
Romanian Government Plans to Tax Tips in Hospitality Industry
Romania's finance ministry and employers in the hospitality industry have agreed to draft a bill to levy a 10% income tax on tips in the hospitality industry.
Sennheiser Opens Factory in Brasov, Central Romania
German audio equipment manufacturer Sennheiser has officially opened its factory in Brasov on Tuesday, where it employs 116 employees.
CBRE: Developers Eye Regional Cities for New Projects, Expansions
Modern retail stock, which includes retail parks and shopping centers, reached approximately 3.7 million square meters in the first half of 2019, of which 31% in Bucharest, as developers foc...
Mega Image Doubles Surface Area Of Its Warehouse In Stefanestii de Jos To Eight Hectares
Belgian-Dutch retailer Mega Image, present on the Romanian market with over 700 stores, is doubling the surface area of its logistics warehouse in Stefanestii de Jos to eight hectares.
IKEA Opens Fourth Pick-Up Point For Collection Of Items Ordered Online, In Mall Plaza
Swedish furniture and home décor retailer IKEA on Thursday opened its fourth collection point in Romania, within Mall Plaza shopping center in Bucharest, where customers can pick up the prod...
Agricola Group Turnover Grows 7% in 1H, to RON364.7M
Meat processor Agricola Group reported a total turnover of RON364.7 million in the first half of 2019, nearly 7% higher than in the same period last year, after exiting the convenience retai...
Flanco 1H Sales Up 18% YoY To RON433M
Flanco, one of the largest players on the Romanian electro-IT market, ended the first half of 2019 with sales of RON433 million, the biggest level ever recorded by the company and higher by...
Workspace Studio Posts 25% Higher Turnover, Of EUR3.6M, In 1H/2019
Workspace Studio, a company specialized in fitout solutions and office furniture oriented towards human–centered ergonomic design, ended the first half of 2019 with a turnover of EUR3.5 mill...