Retail&Consumer
FrieslandCampina To Relocate Operations To Cluj-Based Plant
Dairy product maker FrieslandCampina Romania will shut down its plant in Carei and relocate its production to Cluj-based Baciu plant, as well as its operations in Targu Mures- unit, the comp...
National Mineral Water Company Mulls EUR20M Investment In Bottling Plants
National Mineral Water Company SNAM plans to invest up to EUR20 million for the construction of two mineral water bottling plants, the company’s manager Radu Dumitru said Friday.
Rewe Romania Plans To Open Over 35 Penny Market Stores In Romania In Next Two Years
Rewe Romania, which operates the local discount store chains Penny Market and XXL Mega Discount, said it plans to open over 35 Penny Market units and a new logistics platform in Romania in t...
Trade Registry: Some 8,890 Companies Went Insolvent In January-April
Romania's Trade Registry on Friday said 8,889 companies filed for insolvency in the first four months of the year, down 14.36% from 10.379 companies in the year-earlier period.
Secure Property Buys Innovations Logistics Park For EUR12.6M
Investment company Secure Property Development & Investment acquired the Innovations logistics park in Bucharest, owned by Greek company Pheonix Real Estate, for EUR12.6 million, the company...
Nestle Romania: Ice-Cream Can Make A Difference This Year
JOE wafer and ice-cream brand, one of the best-selling ones on Romania’s confectionery market, generates 10% of Nestle Romania's revenue, the largest player on Romania’s confectionery and co...
Profi Opens Three New Stores In Oradea, Timisoara And Medias
Discount retailer Profi opened two new stores Thursday, in Oradea and Timisoara, respectively, and will open a new unit Friday, in Medias.
Meat Industry Representatives Call On IMF To Agree With Cutting VAT On Meat To 5%
Romanian meat producers and processors have sent an open letter to the International Monetary Fund (IMF), asking it to agree to Romania’s lowering the value added tax on meat and meat produc...
AFI Palace Cotroceni 1Q Revenue Up 6.7% To EUR7.3M
Bucharest-based shopping mall AFI Palace Cotroceni reported a 6.7% revenue increase in the first quarter, to EUR7.3 million, while its revenues are seen at over EUR29 million for the entire...