Retail&Consumer
VEKA, Gealan Brands To Develop Independently - CEO
German window PVC profile maker VEKA, which announced the takeover of German PVC profiles maker Gealan in March, plans to develop both brands independently, VEKA CEO Andreas Hartleif told Me...
Transavia Banks On Domestic Market For Growth
In a period when many Romanian entrepreneurs have looked abroad to protect their businesses, Ioan Popa, owner of group Transavia, says the domestic market is the basis for growth.
Wine Producers Expect Bumper Easter in 2014
Wine producers expect higher sales this Easter against the same period of last year, with the most upbeat estimates indicating growth by as much as 15%, supported by red wines which have bee...
A Romanian Executive’s Revolt Against Food Imports
The Romanian government and companies need to reshuffle their domestic product promotion policy, following models already implemented by other European countries, says Catalin Olteanu, gener...
Auchan Considers Launching Online Store
Auchan Romania will analyze in 2015 the option to open an online store, so that it might test the concept in 2016, the company’s representatives said Friday.
Auchan Romania 2013 Sales Double On Year At RON4.6B
Auchan Romania registered sales of 4.6 billion lei (EUR1.03 billion) in 2013, excluding taxes, more than double the RON1.97 billion sales posted in 2012, following the integration of the 20...
BauMax Romania’s CFO Radu Stoica To Work For Deichmann Starting April 1
Radu Stoica, Chief Financial Officer (CFO) at home-improvements store chain BauMax Romania, will take over as CFO at footwear retailer Deichmann Romania, starting April 1, 2014.
Contracts With McDonald’s And Petrom Drove Havi Logistics To Over RON500M In Revenue
Havi Logistics, a major player on the Romanian logistics market after signing a contract with OMV Petrom Marketing in 2012, last year went beyond the 500 million lei mark (EUR113 million) in...
Small Merchants Enter Under Franchise Umbrella Or Get Specialized
Amid the aggressive expansion of international chains, Romanian small merchants are pushed either to join them in a franchise system, or get specialized after the model of developed countrie...