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Unirea Shopping Center Seeks To Recover RON3M
Companies

Unirea Shopping Center Seeks To Recover RON3M

Unirea Shopping Center, one of the major companies listed on the Bucharest Stock Exchange, seeks to recover RON3 million from Carmen Palade, its former head of the Administration Board and C...

Miruna Gaman · 30.08.2017 · 08:54 · 1 min
Local Retail Chains Potential Targets For International `Sharks’
Retail&Consumer

Local Retail Chains Potential Targets For International `Sharks’

Local retail chains are potential targets for the modern retail ‘sharks’ such as Profi, Mega Image and Carrefour. The international supermarket and hypermarket chains are thus trying to expa...

Loredana Frățilă-Cristescu · 29.08.2017 · 10:36 · 1 min
Minea, Angst: Pork Prices In Romania Rose 50% In The Past Year; Currently Are 5-10% Above EU Average
Retail&Consumer

Minea, Angst: Pork Prices In Romania Rose 50% In The Past Year; Currently Are 5-10% Above EU Average

Romania has one of the lowest meat prices in Europe, but this year, it has started to catch up with prices, mainly pork prices which rose 50% over the last 12 months, said Sorin Minea, gener...

Ecaterina Craciun · 28.08.2017 · 14:24 · 1 min
Decathlon Reopens Store In Pallady Shopping Center After Doubling Its Sales Area
Companies

Decathlon Reopens Store In Pallady Shopping Center After Doubling Its Sales Area

Sporting goods retailer Decathlon is reopening the store in shopping center Pallady, after completing extension works which doubled the sales area of the unit to 4,200 square meters.

Ecaterina Craciun · 24.08.2017 · 14:49 · 1 min
Romania’s Cigarette Black Market Sees First Increase Since Sept 2016, Rising To 16% In July 2017
Companies

Romania’s Cigarette Black Market Sees First Increase Since Sept 2016, Rising To 16% In July 2017

The cigarette black market in Romania rose to 16% in July 2017, higher by 0.9 percentage points than in May, the first increase since September 2016, according to a study released by researc...

Ecaterina Craciun · 24.08.2017 · 14:36 · 1 min
Profi And Mega Image Looking At Unicarm’s 100 Stores
Retail&Consumer

Profi And Mega Image Looking At Unicarm’s 100 Stores

International retailers, among which Profi and Mega Image, are considering buying Unicarm store chain, market sources say.

Loredana Frățilă-Cristescu · 24.08.2017 · 10:07 · 1 min
Farmec Turnover up 9% in 1H/2017, to RON105M
Companies

Farmec Turnover up 9% in 1H/2017, to RON105M

Romanian cosmetics producer Farmec Cluj-Napoca reported a turnover of RON105.5 million in the first half of the year, 9% higher than in the same period last year, due to store network expans...

Oana Gavrila · 23.08.2017 · 15:46 · 1 min
Tommy Hilfiger Kids Store To Open In Shopping Center Mall Vitan End-August 2017
Companies

Tommy Hilfiger Kids Store To Open In Shopping Center Mall Vitan End-August 2017

Shopping center Bucuresti Mall Vitan will have a Tommy Hilfiger Kids store from the end of August 2017, a brand present on the Romanian market for nearly 20 years.

Ecaterina Craciun · 23.08.2017 · 14:00 · 1 min
Bosch Seeks to Build Washing Machine Factory in Romania
Companies

Bosch Seeks to Build Washing Machine Factory in Romania

German group Bosch is in talks to invest in a washing machine factory in Simeria, Hunedoara county, just three kilometers from the future Sibiu-Arad highway and a major railway hub.

Oana Gavrila · 22.08.2017 · 17:00 · 1 min