Retail&Consumer
Argus Sees Revenues Rising 34% This Year, To Nearly RON192M
Romanian vegetable oil producer Argus Constanta (UARG.RO) estimates revenues of RON191.7 million this year, up 34%, and a pre-tax profit of RON5.9 million.
Romania Hopes To Invest EUR2.9B From EU Funds In Agriculture This Year
Romania should absorb EUR2.9 billion in EU funds this year for investments in agriculture, EUR200 million more than in 2013, Agriculture Minister Daniel Constantin said Tuesday at a conferen...
Cheap Milk From Other Countries To Raise Romania's Imports Starting 2015
The liberalization of the milk market will determine an increase in Romania's milk imports starting next year and authorities plan to differentiate subsidies for milk and beef, Agriculture M...
Romania Posted EUR35M Net Food Export In January
Romania's food industry exports posted a EUR35 million surplus in January and the country's main export product was corn, which overtook wheat exports, Agriculture Minister Daniel Constantin...
Fashion And FMCG Sectors Seen Growing Significantly On Online Segment
In Romania, the IT&C field currently holds the highest weight in e-commerce, but sectors such as fashion and the fast moving consumer goods industry (FMCG) are poised to grow significantly o...
SIF Banat-Crisana Mulls Selling 40 Commercial Spaces For Over EUR4M
Oradea-based company Calipso, controlled by regional investment fund SIF Banat-Crisana (SIF1.RO), plans to sell 41 commercial spaces together, by auction, for a starting price of EUR4 millio...
La Fantana Acquires Lavazza Distributor In Romania
Bottled water wholesaler La Fantana entered the market of automatic coffee vending machines for companies and the HoReCa (Hotels, Restaurants, Catering) units following the acquisition of Bl...
Former Grivita Brewery Land In Bucharest To Host EUR40M Real Estate Development
Kiseleff Development, owned by several Romanian investors, will assign EUR40 million for the construction of an office building and a shopping center on the site of the former Grivita brewer...
Nearly 85% Of Romanians Will Spend Easter At Home And Assign RON359 On Holiday Shopping
Nearly 85% of Romanians in urban areas will spend Easter at home with family and friends and will spend an average RON359 on Easter shopping, according to a survey by MEDNET Marketing Resear...