Retail&Consumer
McDonald’s Might Expand Romanian Network To 100 Restaurants On Long Term
The local network of US fast-food restaurant chain McDonald’s will expand by at least two new restaurants this year for a total of 69, says Daniel Boaje, who has been running the Romanian op...
Owners Of Ploiesti DIY Store Artsani Want To Expand To Other Counties
George Tapu and Oleg Tataru, owners of Artsani Com, which with a DIY and building materials store in Ploiesti generates annual sales of almost EUR30 million, are mulling expansion outside Pr...
Petrom Is Romania's Largest Retailer By Revenue
Petrom’s gas station network of more than 500 units, with revenue of around 15 billion lei (EUR3.4 billion) in 2012, is Romania’s biggest retailer, followed at some distance by Rompetrol gas...
Romanian Online Construction Material Retailer Posts EUR5M Turnover In 2013
Online construction material retailer Depozit-Online.ro had a turnover of more than EUR5 million in 2013, from EUR1.9 million in 2012, and is seeking financing from banks or partners in view...
Miele’s Brasov Plant Had EUR27M In Revenue In 2013
The Brasov plant of Germany’s luxury home appliances producer Miele has come to manufacture 4 million electronic units (home appliances parts) per annum and its revenue hit EUR27 million in...
New Boss of Metro Cash&Carry Romania: I Believe The Future Looks Good
Gilles Roudy came to Romania for the first time in 2006, returning several times since then. Last December, he moved here to take over the reins of Metro Cash&Carry store network.
Turism Felix Expects 2014 Earnings To Match Those Of 2012
Romanian hotel operator Turism Felix (TUFE.RO), controlled by regional investment fund SIF Transilvania (SIF3.RO), estimates a 3% growth in turnover this year and a 4% decline in gross profi...
Romania To Upgrade Irrigation Infrastructure In Upcoming Years
Romania needs EUR370 million to completely upgrade the irrigation infrastructure, which will come from the National Rural Development Program for 2014-2020, agriculture minister Daniel Const...
BauMax To Decide On Exiting Romanian, SE European Markets By End-April
Austrian home-improvements store chain BauMax, which also owns 15 units in Romania, will close its seven outlets in Turkey and will decide on exiting other markets in southeast Europe, inclu...