Retail&Consumer
Agrana 2014 Turnover Seen Down At RON960M
Austrian group Agrana estimates its turnover will drop to RON958 million in Romania in 2014, compared with RON1.18 billion a year earlier, the company stated.
Chinese Company Seeks To Buy Vinarte's Assets, Wine Stocks, Brands For EUR3.6M
China-based Red Gate offered to pay EUR3.63 million for the assets, wine stocks and brands of insolvent Romanian wine producer Vinarte, which were put up for sale at an asking price of EUR3....
VeriFone: Battle For Growth From POS Deployment No Longer Fought In Bucharest
VeriFone, one of the world’s leading providers of technology for electronic payment transactions, plans to expand its Romanian presence and increase the number of POS terminals installed out...
Coca-Cola HBC Romania: Technical Positions Are Hard To Fill
Coca-Cola HBC Romania, leader of the domestic soft drinks market, in the first three months of this year hired more than 30 people, both in the commercial department and in the procurement c...
Number Of Modern Retail Stores Set To Double In 5-7 Years
Belgium-held Mega Image wants to open around 100 stores this year alone, Rewe Romania wants to double its network by 2020, and Carrefour is set to bring a new format on the Romanian market,...
Octavian Radu’s Fashion Brands Try Their Luck In Romania Again
British group Debenhams is in talks to return to the Romanian market under the umbrella of the franchisee of Bulgaria, one year after Romanian businessman Octavian Radu closed down the last...
1,000 Trucks Daily On Romania's Roads To Supply Retail Stores
Romania’s 100 largest road transporters, which control over 90% of the market, have a total fleet of over 20,000 trucks. Of these, 1,000 trucks, namely 5% of the fleet, are daily on Romania'...
A 31-Year Old Romanian Runs Sonae Sierra Operations In Algeria
Alin Mesea, 31, a graduate of the Academy of Economic Studies in Bucharest, was designated to run the Algerian operations of Portugal’s Sonae Sierra group at the end of 2013, after an almost...
Modern Retail Networks Hold Over 50 Ha Of Logistic Warehouses
The 12 modern retail networks operating in Romania use owned or long-term rented logistic warehouses with a total area of above 50 hectares, the equivalent of 50 large hypermarkets. Kaufland...