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Zara Stores Among Most Profitable In Local Retail Sector
Retail&Consumer

Zara Stores Among Most Profitable In Local Retail Sector

Zara Bucuresti, the company that manages the operations of the Zara brand on the Romanian market, operated at a 15% profit margin last year, which makes it one of the most profitable compani...

Loredana Frățilă-Cristescu · 20.06.2016 · 00:00 · 1 min
IKEA’s Most Successful Made In Romania Product: A EUR5 Mug
Retail&Consumer

IKEA’s Most Successful Made In Romania Product: A EUR5 Mug

Romania ranks 8th among the most important countries that supply products to Swedish furniture and décor retailer IKEA. More than 150 products made in Romania reach IKEA’s shelves worldwide.

Loredana Frățilă-Cristescu · 20.06.2016 · 00:00 · 1 min
Profi Reaches 407 Stores In Romania After Opening Three New Units
Retail&Consumer

Profi Reaches 407 Stores In Romania After Opening Three New Units

Supermarket chain Profi is continuing its expansion in rural areas by opening three new units under the Loco format.

Ecaterina Craciun · 16.06.2016 · 13:08 · 1 min
Frufru Seeks To Raise RON4.5M For Investments
Capital Market

Frufru Seeks To Raise RON4.5M For Investments

Good People, the operator of the frufru (FRU21.RO) brand, which sells organic food and beverages, on Tuesday listed 4.56 million lei (about EUR1 million) bonds on the alternative trading sys...

Loredana Frățilă-Cristescu · 15.06.2016 · 10:00 · 1 min
Filadelfia Group Becomes Majority Shareholder Of Ruefa Escape Travel
Companies

Filadelfia Group Becomes Majority Shareholder Of Ruefa Escape Travel

Filadelfia Group, one of the leading players in the field of tourism and transport services in Romania, has acquired 80% of the shares of Ruefa Escape Travel, following an investment of EUR2...

Ecaterina Craciun · 14.06.2016 · 13:03 · 1 min
SIF Oltenia’s Shopping Mall Reaches 93% Occupancy Rate
Real Estate

SIF Oltenia’s Shopping Mall Reaches 93% Occupancy Rate

Shopping mall Mercur (MRDO), located in downtown Craiova and 93.3% controlled by regional investment fund SIF5 Oltenia (SIF5.RO), has an occupancy rate of 93%, after undergoing renovation ov...

Ecaterina Craciun · 13.06.2016 · 15:50 · 1 min
OMV Petrom Sold EUR500M Worth Of Coffee And Sandwiches In 2015
Capital Market

OMV Petrom Sold EUR500M Worth Of Coffee And Sandwiches In 2015

OMV Petrom, the largest retailer of gas and diesel in Romania, posted about 2.2 billion lei (EUR500 million) revenue from non-oil products and services last year.

Loredana Frățilă-Cristescu · 13.06.2016 · 00:00 · 1 min
Monsanto Romania Turnover Down 28% In 2015
Retail&Consumer

Monsanto Romania Turnover Down 28% In 2015

Agricultural seeds and weedkillers producer Monsanto Romania reported a 28% lower turnover in 2015, at RON346.2 million, according to Finance Ministry data.

Gabriela Stan · 12.06.2016 · 15:44 · 1 min
Retail&Consumer

Romcarbon Buzau Eyes 19% Turnover Growth In 2016

Romanian plastic profiles producer Romcarbon Buzau (ROCE.RO) reported a turnover of over RON179 million (EUR40 million) in 2015, and a net profit of nearly RON6.4 million (EUR1.4 million), a...

Gabriela Stan · 12.06.2016 · 15:05 · 1 min