Retail&Consumer
Romanian Real Estate Investment Volumes Grew 80% in 1H 2016
Romanian real estate investment volumes in the first half of 2016 are estimated at EUR340 million, 80% higher than the EUR187 million registered in the same period of 2015, according to real...
Fox Cold Cuts Producer Estimates Exports Of RON8.5M This Year
Romanian cold cuts producer and distributor of Fox products wants to increase its exports by 60% this year, to RON8.5 million.
Private Labels Contribute EUR200M To EUR250M To Kaufland’s Sales
Private labels account for about 13% of the products sold in Kaufland stores. If they also contribute 10% to 13% of sales, they generate EUR200 million to EUR250 million of the retailer’s re...
Paravion Turnover Up 56% To EUR27M In 1H
Romanian online travel agency Paravion, part of Happy Tour group, controlled by Spanish investment fund GED Capital, reported a turnover of EUR27 million in the first six months, up 56% on t...
Argus Constanta To Borrow RON110M For Raw Materials
Edible oil manufacturer Argus Constanta (UARG.RO) will take loans totaling RON110 million to buy raw materials such as rapeseed, sunflower seeds and raw oil.
Competition Council Clears Takeover Of Sibiu Shopping City By NEPI
Romania’s Competition Council on Wednesday approved the takeover of Bel Rom Trei and Sibiu Shopping City companies by NE Property Cooperatief, member of South-African investment fund New Eur...
Farmec Opens Warehouse Near Timisoara
Romanian cosmetics producer Farmec Cluj will open a logistic point near Timisoara, western Romania, to stock and distribute its products to counties Timis, Arad, Caras-Severin, and Hunedoara...
President Promulgates Law On Sale Of Minimum 51% Romanian Products In Hypermarkets
Romanian President Klaus Iohannis has promulgated the law according to which Romanian hypermarkets will have to sell at least 51% Romanian products, the Presidential Administration said in a...
Sucu, Mobexpert: We Want To Open One Store A Year
Mobexpert Group, one of the largest entrepreneurial furniture businesses in Romania, will invest in opening new stores throughout the country soon and chose to go to Constanta first.