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Trade Registry: 1Q Company Insolvencies Down 10% On Year
Retail&Consumer

Trade Registry: 1Q Company Insolvencies Down 10% On Year

Romania's Trade Registry on Thursday said 6,800 companies filed for insolvency in the first three months of the year, down 9.75% from 7.535 companies in the year-earlier period.

Florentina Dragu · 17.04.2014 · 14:48 · 1 min
Carrefour Opens Express Store In Satu Mare
Retail&Consumer

Carrefour Opens Express Store In Satu Mare

Retailer Carrefour Romania will open an Express proximity franchised store in the northern city of Satu Mare, Express Buongiorno, the company announced.

Gabriela Stan · 17.04.2014 · 13:27 · 1 min
Dan Sucu: Mobexpert Sales Rise In 1Q; Upbeat Expectations For Second Half
Retail&Consumer

Dan Sucu: Mobexpert Sales Rise In 1Q; Upbeat Expectations For Second Half

The Mobexpert group of furniture companies posted growth of 5% in sales in the first quarter compared with the year-ago period, at a time of decline on the domestic market, according to the...

Loredana Frățilă-Cristescu · 17.04.2014 · 09:35 · 2 min
Number Of Small And Middle-Sized Winemakers, On The Rise In Romania
Retail&Consumer

Number Of Small And Middle-Sized Winemakers, On The Rise In Romania

A wine industry investment starts with at least EUR14,000, the sum needed for the reconversion of each hectare of vineyard, continues with the building of the winery, taking several million...

Catalina Apostoiu · 17.04.2014 · 00:00 · 2 min
Retail&Consumer

Prodlacta Brasov Aims At EUR20M In Revenue In 2015

Brasov-based dairy producer Prodlacta generated revenue of 25.6 million lei (EUR5.8 million) last year, around three times higher against the 2012 level. However, the dairy maker, which exit...

Catalina Apostoiu · 17.04.2014 · 00:00 · 1 min
Austria’s Agrana Posts RON101.2M Loss In Romania In 2013
Retail&Consumer

Austria’s Agrana Posts RON101.2M Loss In Romania In 2013

Austrian group Agrana registered loss of 101.2 million lei (nearly EUR23 million) in Romania in 2013, versus profit of RON1.9 million a year before.

Ecaterina Craciun · 16.04.2014 · 20:03 · 1 min
CBRE: Property Deals In Romania Saw Major Growth In 1Q/2014, To Over EUR300M
Real Estate

CBRE: Property Deals In Romania Saw Major Growth In 1Q/2014, To Over EUR300M

Romania ranks third in Central and Eastern Europe (CEE), after Poland and Russia, regarding the value of real estate transactions which saw tremendous growth in the first quarter of 2014, to...

Ecaterina Craciun · 16.04.2014 · 15:04 · 1 min
Billa Opens Supermarket In Focsani, Eastern Romania
Retail&Consumer

Billa Opens Supermarket In Focsani, Eastern Romania

Billa, part of German retail group REWE, opens its first supermarket in Focsani Thursday, reaching a countrywide network of 81 stores.

Oana Gavrila · 16.04.2014 · 11:32 · 1 min
Polish Footwear Retailer CCC Challenges Leonardo's Supremacy
Retail&Consumer

Polish Footwear Retailer CCC Challenges Leonardo's Supremacy

Leonardo, Romania’s top footwear retailer by 2012 revenue, closed down the store in AFI Palace Cotroceni shopping center, one of Romania’s major shopping poles. The space is now occupied by...

Catalina Apostoiu · 16.04.2014 · 00:00 · 3 min