Retail&Consumer
Samsung Hits EUR650M In Revenue In Romania
South-Korean giant Samsung in 2013 generated revenue of around 2.85 billion lei (EUR644 million) in Romania, up 20% year-on-year and almost 80% higher than in 2011, the first entire year of...
Romanians Spend 60% Of Monthly Income On Food, Utilities And Fuel
Romanians spend just 3% of their monthly income on healthcare, less than on spirits and tobacco. The smallest sums are earmarked for education, namely 1% of the budget, while food, rent, uti...
Boromir Prod Revenues Drop 18% In 1Q, Company Returns To Profit
Revenues of Boromir Prod Buzau (SPCU.RO) dropped 18% in the first quarter, to RON23.8 million, but the company returned to profit, with RON428,000, from a loss of RON1.1 million in the first...
Furniture Maker Elvila Swung Back To Profit In 2013
Romanian furniture maker Elvila, owned by businessman Viorel Catarama, had a turnover of RON49.6 million in 2013, down 17%, but switched to a profit of RON512,000 after a RON19.3 million los...
Romania’s E-Commerce Market Heads Toward EUR2B This Year
Romania’s e-commerce market, valued at around one billion euros last year, boasts the highest growth potential in the region as many industries still have not developed on the online segment...
Rent In GTC Malls In Romania Dropped To EUR3.8/Sqm In 1Q
The average rent in shopping malls owned by GTC in Arad, Buzau and Piatra Neamt reached EUR3.8/square meter/month, from EUR5/sqm in the first quarter of 2013 and EUR4.1/sqm at the end of las...
JLL: Shopping Centers Delivery In Romania Seen At 9-Year Low In 2014
The modern retail stock remained unchanged at 1.66 million square meters in Romania as no retail projects were inaugurated in the first quarter of 2014, while only two projects (62,000 sqm)...
Brewers’ Exclusivity Contracts With Restaurants And Bars Placed Under Scrutiny
The contracts brewers have with restaurants and bars include clauses that are curbing competition, according to a recent report of the Competition Council. Information included in the report...
Albalact: We Can Still Grow In Romania
The bet on Romania, this is how the strategy of Albalact (ALBZ.RO), the largest business in the Romanian milk industry can be resumed. From sales of EUR2.5 million in the early 2000s, the co...