Retail&Consumer
Olympus Dairy Producer Takes Out EUR3M Loan From Garanti Bank
Fabrica de Lapte Brasov, the local producer of the Olympus, Oly dairy products, contracted a loan of EUR3 million from lender Garanti Bank to finance its current operations, according to a d...
Carrefour Romania: Billa Brand Dropped By End 2017
The Billa supermarkets Carrefour acquired in Romania will operate under the Carrefour brand and retain the best of both of brands (Carrefour and Billa) inside, says Jean Baptiste Dernoncourt...
eMag Sees 45% 9-Month Growth
Dante International, the operator of the largest local online retailer eMag, will end the year with almost 2.5 billion lei (EUR555 million) sales, an increase of more than 45% in 2015, as a...
Egypt Buys 240,000 Tons Of Romanian Wheat
Egyptian authorities on Wednesday bought 240,000 tons of Romanian wheat, according to the data posted on the website of the General Authority for Supply Commodities (GASC) in Egypt.
Belgian Group Buys Shopping Galleries Of Electroputere Mall In Craiova
Belgian developer Belvir, part of Catinvest group, which owns and operates shopping malls in France and Romania, bought the shopping galleries of Electroputere mall in Craiova, totalling 28,...
Neptun-Olimp Posts RON676,000 Losses In January-September
Neptun-Olimp company, administrator of accommodation and food units in the Romanian seaside resorts, reported losses of RON676,000 in January-September, fourfold higher from the same period...
Cigarette Black Market Rose To 18.3% In September – Study
The cigarette black market in Romania increased to 18.3% in September, from 14.9% in July 2016, which was the highest growth registered by cigarette smuggling in the last two years and above...
Altex Hires Over 450 People Countrywide
Computer and electronics retailer Altex Romania plans to hire over 450 people for Altex and Media Galaxy stores countrywide.
Deichman, Pepco To Open Stores In Prima Shop Retail Park In Oradea
Retailers Deichman and Pepco will open stores next spring in Prima Shops retail park in Oradea, developed by Oasis Retail & Development Consulting.