Retail&Consumer
Leroy Merlin Puts Head Of Turkish Subsidiary In Charge Of Romanian Operations
French executive Frederic Lamy, who has been running Leroy Merlin’s group operations in Turkey since 2009, will be sent to Bucharest to become general manager of the local subsidiary, which...
Ikea Becomes Highest-Grossing Restaurant In Romania
Ikea Food, the division that includes the restaurant, the bistro and Swedish deli operating inside the company’s store in Baneasa, northern Bucharest, ended fiscal 2013 with almost 33 millio...
Romanian Heading PepsiCo Russia: We Plan To Reach 70 Million Clients Daily
Silviu Popovici, who is running PepsiCo’s around $5 billion business in Russia for a year and a half, says he will return to Romania in 5-10 years, but does not rule out his taking over the...
Online Computer And Electronics Retailer Cel.ro Expects EUR40M Sales In 2014
Corsar Online, the company behind cel.ro, one of the largest computer and electronics retailers in Romania, expects a 60% surge in sales to EUR40 million this year, after adding mandatory ca...
NEPI And Dedeman Buy 22 Hectare Plot In Timisoara
South African property investment fund NEPI and Romanian do-it-yourself retailer Dedeman have bought the 22-hectare site of the former plastic products manufacturer Dermatina in Timisoara (w...
Mega Image Joins Major League With Over EUR500M Revenue
Belgian-held retailer Mega Image ended last year with about EUR530 million revenue in Romania, an increase of almost 35% on 2012.
Food Industry Investors Branch Out Into Solar Farms
“More and more customers, especially foreign ones, are interested in our production process,” said representatives of Supremia Grup, a food ingredients and spice business turned solar farm o...
Turkey’s Sutas Delays Opening Of Bucharest Dairy Plant
Turkey’s dairy producer Sutas, which in 2013 acquired the former Tnuva plant of Popesti Leordeni, 9 km away from Bucharest, postpones the opening of the production unit until next year.
Romania Sends 40% Of Hygienic Sanitary Paper Output Abroad
Consumption of hygienic sanitary paper in Romania has stalled in the past two years at 108,000 tons, or 5.5 kg/capita, after production doubled in the 2004-2010 period amid investments of do...