Retail&Consumer
Chelaru, Atlas Copco: Investments In Automotive Segment Bring The Most Projects
The demand generated by factories in the automotive industry and the manufacturing of fast-moving consumer goods (FMCG) sustained the increase in Atlas Copco’s deliveries of solutions for th...
Unirea Shopping Center Switches To Profit In 1Q
Unirea Shopping Center (SCDM.RO), which controls the stores in capital Bucharest and central city of Brasov, reported a net profit of RON164,600 (EUR36,300) in the first quarter of the year,...
Lemet Invested RON4.3M This Year In Expanding Its Store Network
Romanian furniture maker Lemet has opened a new Lem’s store in central city of Brasov, in shopping center Coresi Shopping Resort, following an investment of RON2.3 million.
PeliFilip Assisted Argo Group In Sale Of Shopping City Sibiu To NEPI, A EUR100M Transaction
Law firm PeliFilip assisted Argo Group in the sale of retail park Shopping City Sibiu to South-African investment fund New Europe Property Investments (NEPI), in a transaction worth EUR100 m...
Photo And Video Equipment Retailer F64 Expects 15% Sales Growth
Romania’s biggest photo and video equipment retailer, F64 Studio, expects sales to go up by 15% in 2016, double the growth rate of 2015, despite the continued decline of the photo equipment...
Competition Council OKs Takeover Of Billa Romania By Carrefour
Romania’s Competition Council on Wednesday approved the takeover of Billa stores, the retail operations in Romania of German retail group Rewe, by French retail group Carrefour.
Minister: People Resorting To Debt Discharge Law To Be Exempted From Paying Property Transfer Tax
Romanian Finance Minister Anca Dragu said natural persons returning real estate collateral to banks in exchange for writing off their loans will be exempted from paying the tax on property t...
Romanian Consumers Spent RON160B In Grocery, DIY, Furniture And Home Appliances Stores In 2015
Retail is the second most important industry of Romania by revenue, 160 billion lei (EUR35 billion) last year, an increase of 10% on 2014, behind wholesale and ahead of manufacturing and ele...
Danone Romania 2015 Revenue Up 6% To Over RON484M
Danone Romania, the largest yogurt producer on the local market, registered 6% higher revenue on the year in 2015, to over RON484 million.