Retail&Consumer
Danone Romania Posts RON16M Net Profit And RON479M Revenue In 2016
Danone Romania, the largest yogurt producer on the local market, on Tuesday said it ended 2016 with 1% lower revenue, of RON479 million, but 20% higher net profit, of RON16 million, compared...
Kaufland Growth Slowed Down In 2016
Kaufland hypermarket chain saw its sales go up 6% to 9.7 billion lei (EUR2.04 billion) last year, its lowest growth in the past eleven years. The retailer’s growth therefore slowed down from...
Study: One In Three Romanians Would Take Out A Loan For Home Purchase Or Renovation
One in three Romanians would take out a loan to buy or renovate their home, compared with Spaniards where the ratio is one to ten, according to a KRUK study regarding debts, carried out by M...
Major Wholesalers Try To Secure Ties With Independent Pharmacies
Mediplus, Farmexpert, and Farmexim, three of the largest pharmaceutical wholesalers in Romania, have started partnership programs with independent pharmacies in Romania. They are aiming for...
Carrefour Close To EUR2B Sales From 300 Stores In Romania
The Carrefour group, which operates various store formats in Romania, ended last year with 8.3 billion lei (EUR1.85 billion) revenue, up 10% on 2015 and more than 50% higher than in 2008, th...
PayPoint Registers 75 Million Transactions in FY2016-2017
British payment operator PayPoint reported on Friday a total volume of 75 million transactions for the financial year 2016-2017, 12.1% higher compared with the previous financial year.
Romanian Executive To Oversee Operations Of Fashion Retailer C&A On Nine Markets
Romanian executive Cristian Codrea will be supervising the development of the operations of fashion retailer C&A on nine markets in Central and Eastern Europe, ZF has found. In all, 365 stor...
Cushman & Wakefield: Romania Ranks Third In Europe By Newest Stock Of Shopping Malls
Romania ranks third in a ranking of European countries boasting the newest stock of shopping malls, considering that 82% of shopping centers operational at the end of 2016 have been delivere...
Agricover Credit Gets RON70M IFC Loan to Fund Small and Medium-Sized Farming
IFC, a member of the World Bank Group, has provided a RON70 million loan to Agricover Credit IFN, the lending division of Agricover Holding, to fund small and medium-sized farming operations...