Retail&Consumer
Smartree: Private Sector Employees Got Higher Wages, Bonuses in 1Q
Employees in the private sector in Romania got 14% higher wages and 6% higher bonuses in the first quarter of 2017 compared with the same period last year, according to the Smartree Workforc...
Retail Pharmacy Market Leader In Czech Republic And Slovakia Enters Romania Via Acquisition
Dr. Max, the leader of the retail pharmacy market in Czech Republic and Slovakia, is entering Romania by buying the Farmaciile Arta 31-pharmacy chain and a pharmaceutical wholesaler, a EUR5...
DIY Retailer Dedeman Made More Than EUR500M Profit In Last Five Years
Do-it-yourself retailer Dedeman, the largest entrepreneurial business in Romania, ended last year with more than EUR160 million net profit, up 27% on the previous year, according to the Fina...
Retailer cel.ro Net Profit Plunges To EUR19,857, But Turnover Rises To EUR50M In 2016
Corsar Online, which administers cel.ro – one of the biggest online stores in Romania, on Wednesday said it registered a turnover of RON224.8 million (EUR50.05 million) in 2016, up 29.6% aga...
Albalact Remains Leader Of Romanian Dairy Market After 17% Rise In 2016 Turnover
Romanian dairy manufacturer Albalact (ALBZ.RO), which was acquired by French-held giant Lactalis in 2016, on Wednesday said it registered a turnover of RON527.9 million in 2916, up 17% on th...
ARMO: E-Commerce In Romania Expected To Top EUR2.5B In 2017 And To Double By 2020
Romania’s e-commerce is expected to exceed EUR2.5 billion in 2017 and has potential to double by value until 2020, according to estimates by the Association of Romanian Online Stores (ARMO).
Iulius Mall Timisoara Doubled Profit To RON24M In 2016
Iulius Mall Timisoara shopping center of businessman Iulian Dascalu doubled profit to 23.8 million lei (EUR5.3 million) in 2016, according to the Finance Ministry website.
Romania Adjusted Retail Sales Down 0.2% on Month in April
Romanian adjusted retail sales, excluding vehicle sales, decreased 0.2% in April compared with March, while it unadjusted terms retail sales grew 2.6% on the month in April, data from the co...
Furniture Retail Close To EUR1B In Romania
Local furniture retail, a market that saw the first signs of a rebound in 2014, reached EUR963 million last year, up 13% on 2015.