Retail&Consumer
Romania’s Top Ten Malls Posted EUR190M Revenue In 2013
Ten shopping centers in Bucharest and in the rest of the country posted some EUR190 million revenue together last year, while the sales of their tenants can be put at EUR1.4 billion.
Romania’s Brewers Pin Hopes On 2014 FIFA World Cup For Growth
Beer sales declined by 6% in the first three months of this year, continuing the downward trend of 2013, according to ZF calculations based on National Statistics Institute data.
Polish Retailer LPP Fashion Makes EUR6.5M Revenue In Romania From 12 Stores
Polish fashion retailer LPP Fashion, which operates the Cropp Town, House and Reserved brands in Romania, posted 27.3 million zlotys (EUR6.5 million) revenue in this country last year, up 8%...
GfK: Romanian Durable Goods Market Up 8% To EUR386M In 1Q/2014
Romania’s durable consumer goods market rose nearly 8% to EUR386 million on the year in the first three months of 2014, the best quarter in the last four years, with the telecom and photo se...
Stalling Consumption And Trade Competition Drag Selgros Revenue Down Below EUR700M
Cash&carry store chain Selgros saw its revenue drop below the EUR700 million threshold and profit shrink to less than one third of the 2008 level, to EUR12.2 million, in 2013. Alexandru Vlad...
Domo Eyes Top Spot On Romanian Electro-IT Market
Electronics, home appliances and computer retailer Domo wants to gain the leading position on the market in the following year, according to Kim Keollner, the South-Korean executive brought...
Romania’s Cosmetics Market Neared EUR1B In 2013
Romanians spent a little less than one billion euros on cosmetics, personal care and beauty products last year, with the largest part of the sum being earmarked for perfumes (EUR200 million)...
Continental Hotels In Line With Budget After 10% Growth In 1Q
Continental Hotels, one of the biggest hotel chains in Romania, stayed in line with the forecasts in the first three months, as its revenue went up 10%, the growth pace predicted for the ent...
Arctic, Slower Revenue Growth In 2013 After EUR30M Investments
Gaesti-based electrical home appliances producer Arctic ended last year with revenue of 1.42 billion lei (EUR321.5 million), up almost 4% on the year. While revenue continued to rise, the gr...