Retail&Consumer
Fares Production Reaches 20 Mln Teas And Medicinal Plant Products Per Year
Romanian producer of teas and medicinal plant-based products Fares Orastie has an annual production of 20 million teas and medicinal plant-based products, as it invested approximately EUR2.5...
Parfois Opens Store In Iulius Mall Timisoara
Portuguese accessories brand Parfois opened a store in Iulius Mall shopping center in Timisoara, the first store of the brand in western Romania.
Optical Network 1H Turnover Up 28% To Over RON24M
Optical Network, operator of retail chain OPTIblu, reported a 28% higher turnover in the first half of 2016, to over RON24 million, as all divisions saw major increases, the company’s execut...
Prodlacta Brasov Cuts Share Capital By RON12M, To RON52M
Brasov-based dairy producer Prodlacta (PRAE.RO), listed on the Bucharest Stock Exchange’s alternative trading system AeRO market, cut its share capital by RON 12 million to RON52 million by...
KVL By Kenvelo, Lee Cooper And Timeout Operator Expects Up To 15% Growth In 2016
KVL by Kenvelo, Lee Cooper and Timeout fashion brands ended last year with a 93 store network and EUR39 million sales together, up 23% on the previous year. The operator of the three brands,...
BNR: Card Payments Stay Below Cash Withdrawals At ATMs
Holders of cards issued by banks in Romania made payments to merchants worth RON7.6 billion lei (EUR1.7 billion) in the first half of 2016, up 22% against the same period a year ago, Romania...
Top Ten GSM Retailers See RON653M Sales In 2015
The ten largest GSM (communications services, phones, tablets and accessories) retailers in Romania posted 653.1 million lei (EUR146 million) sales in 2015, an increase of 1% on 2014, accord...
Romania’s Footwear Exports Fall To $1B In 2015
Romania’s footwear exports fell to approximately $1 billion in 2015, close to the minimum value registered in the last ten years, according to a report by market research company World Footw...
Doncafé Heading Towards RON300M Turnover
Strauss Romania, the producer of coffee brands Doncafe and Fort, reported 5.7% higher sales in the first six months of 2016, to over RON135 million.