Retail&Consumer
Romanians Export Expensive Leather Shoes, But Wear Cheap Chinese Ones
Around seven out of ten pairs of shoes imported by Romanians are made of plastic, rubber or textiles, with just one out of five pairs made of leather. Thus, Romanians mainly wear “made in Ch...
Ameropa Grains 2013 Sales Double To RON1.78B
Romanian Ameropa Grains, a unit of Swiss fertilizer and grain trader Ameropa Holding AG, on Friday said its sales doubled to 1.78 billion lei (EUR402.7 million) in 2013, largely fueled by hi...
Altex, Above-Market Growth So Far In 2014
Altex, Romania’s strongest retailer of electrical home appliances, electronics and IT equipment, in the first months of this year saw sales rise by 18%, Dan Ostahie, owner of the group and o...
Hervis Stores, Into The Red Again In Romania
Sports equipment retailer Hervis, present in Romania with a 13-store network, in 2013 went into the red again after a year in positive territory.
Evomag Aims At EUR50M In Revenue In Three Years
Evomag, a major e-commerce player in Romania, with a 9-year presence on the market, wants to reach revenue of EUR50 million in three years, Mihai Patrascu, the company’s owner and general ma...
Farmaceutica Remedia 1Q Turnover Slightly Up To RON63.7M
Pharmaceutical distributor Farmaceutica Remedia Deva (RMAH.RO) reported a turnover of RON63.7 million (EUR14.1 million) in the first quarter of the year, up 3% from RON62.1 million in the co...
Flanco Opens Its Second Store In Cluj-Napoca, Following RON1.5M Investment
Romanian electronics retailer Flanco Retail will open its second store in Cluj-Napoca (northwestern Romania) Friday, following an investment of RON1.5 million.
Albalact 2014 Profit Seen Up 30% To RON11M
Romanian dairy maker Albalact Alba Iulia (ALBZ.RO) estimates its net profit will increase by 30% this year, to 11 million lei (EUR2.5 million), from RON8.4 million in 2013.
ArcelorMittal Tubular Products Roman 2013 Turnover Down 16.8% To RON687.5M
Romanian steel pipes maker ArcelorMittal Tubular Products Iasi (TPRO.RO) reported a turnover of 687.5 million lei (EUR155.9 million) in 2013, down 16.8% from RON826.4 million a year earlier,...