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Olympus Invested EUR10M In Dairy Factory In Brasov In 2016
Retail&Consumer

Olympus Invested EUR10M In Dairy Factory In Brasov In 2016

Greek group Olympus, controlled by Sarantis family, entered the Romanian market in 1999, and has invested over EUR100 million to date, in its local activities. In 2011, the group opened the...

Ecaterina Craciun · 25.04.2017 · 16:15 · 1 min
Leroy si Asociatii Advised Lactalis on Acquisition of Albalact Minority Stakes
Companies

Leroy si Asociatii Advised Lactalis on Acquisition of Albalact Minority Stakes

Law firm Leroy si Asociații advised the French group Lactalis on the procedure of withdrawal of the minority shareholders of Albalact, a procedure completing the takeover of Albalact by Lact...

Oana Gavrila · 25.04.2017 · 15:44 · 1 min
Agricola Bacau Group Posts 2% Higher Sales, Of RON150M, In 1Q/2017
Retail&Consumer

Agricola Bacau Group Posts 2% Higher Sales, Of RON150M, In 1Q/2017

Agricola group of firms registered a 2% increase in turnover to over RON150 million, on the year in the first quarter of 2017.

Ecaterina Craciun · 25.04.2017 · 14:54 · 1 min
Pep&Pepper Mulls Reaching 30 Units By End-2018
Retail&Consumer

Pep&Pepper Mulls Reaching 30 Units By End-2018

Pep&Pepper brand, which owns four restaurants in Bucharest, plans to reach 30 units countrywide by the end of 2018 through direct investments and franchises, following investments from owner...

Gabriela Stan · 25.04.2017 · 13:43 · 1 min
Dairy Maker Olympus Has New Commercial Manager
Retail&Consumer

Dairy Maker Olympus Has New Commercial Manager

Olympus Romania, one of the largest players on the local dairy market, has appointed Athanasios Giannousis as commercial manager.

Ecaterina Craciun · 20.04.2017 · 15:33 · 1 min
Cris-Tim To Invest Maximum EUR5M In 2017
Retail&Consumer

Cris-Tim To Invest Maximum EUR5M In 2017

Cris-Tim, one of the largest meat and milk processors in Romania, plans to invest maximum EUR5 million this year, after annual investments of EUR10 million in recent years.

Gabriela Stan · 19.04.2017 · 15:38 · 1 min
Praktiker Romania Sales Up 3% In 2016
Retail&Consumer

Praktiker Romania Sales Up 3% In 2016

Do-it-yourself retailer Praktiker Romania reported 3% higher sales last year, while the company’s turnover stood at EUR137 million, similar with 2015.

Gabriela Stan · 19.04.2017 · 13:45 · 1 min
GfK: Two Thirds Of Romanians’ Expenses Target Foods
Retail&Consumer

GfK: Two Thirds Of Romanians’ Expenses Target Foods

2016 was another good year for the industry of fast moving consumer goods (FMCG), both from retailers and producers’ perspective. It was the second consecutive year when Romanians had an inc...

Ecaterina Craciun · 18.04.2017 · 13:12 · 1 min
Diverta Opens Second Store In Shopping City Piatra Neamt
Retail&Consumer

Diverta Opens Second Store In Shopping City Piatra Neamt

Diverta, the largest integrated retailer in the field of books, stationery and toys, has opened its second store in shopping center Shopping City in Piatra Neamt, reaching 28 units, which co...

Ecaterina Craciun · 14.04.2017 · 15:29 · 1 min