Retail&Consumer
Kaufland Opens New Store In Timis County, Reaches 113 Units In Romania
German-held food retailer Kaufland will open its first store in Lugoj town, Timis county, bringing its local network to 113 stores, the company said in a statement Monday.
Shachar Shaine Named President Of Romanian Brewers Association
The president of United Romanian Breweries Bereprod (URBB), Shachar Shaine, was appointed head of the Romanian brewers association, replacing Igor Tikhonov, Ursus Breweries president.
Mega Image To Expand To Timisoara, Oradea And Arad In 2018
Mega Image plans to open its first stores in Cluj-Napoca and other cities in that county this year, the company has previously said.
Retail Deals Won’t Stop After Profi Sale
Modern retail, a EUR10 billion to EUR11 billion market a year in Romania, will go through a number of new deals over the next two or three years, which means it will either see a new player...
EC Launches Infringement Procedure Against Romania On Retail Trade Of Agricultural And Food Products
The European Commission sent a letter of formal notice to Romania on the grounds that its national rules on retail of agricultural and food products run against EU law.
Lidl Continues Expansion On Romanian Market By Opening Two New Stores
German discount retailer Lidl continues its expansion plan on the Romanian market by opening a 1,200-square meter store in Cluj-Napoca and a similar one in Targu Jiu.
Boromir Posted Net Profit Of RON2.56M In 2016
Romanian milling and bakery company Boromir Prod Buzau (SPCU.RO) on Wednesday said it reduced its debts and reached a net profit of RON2.56 million in 2016.
Farmec Cluj-Napoca Turnover Up 14% To RON196.8M In 2016
Romanian cosmetics producer Farmec Cluj-Napoca reported a turnover of RON196.8 million (EUR43.8 million) in 2016, up 14% on the year, the company said in a statement Wednesday.
GfK: Romania Durable Goods Market Up 9% In 2016
The Romanian durable goods market rose over 9% to EUR2.55 billion in 2016, according to a GfK TEMAX report.