Retail&Consumer
Retail Sales Extend Growth In February
Romanian adjusted retail sales rose 1.3% in February from the earlier month, on higher sales in most sectors, the statistics institute INS said Wednesday.
100 Largest Companies Going Insolvent In Past Year Had RON13B In Revenue And RON1.3B Losses
Top Brands Distribution (TBD), a top player in the consumer goods industry, entered insolvency in March, thus raising the number of companies with revenues of more than EUR100 million that h...
Former Interex Spaces To Be Rented Out Or Sold
Businessman Sorin Bonciu, who a year ago took over the ten Interex stores after the French shareholders left the Romanian market, started finding tenants or buyers for them.
IKEA Wants To Expand Romanian Supplier Base
Swedish group IKEA, the world’s largest furniture retailer, plans to bolster furniture acquisitions from Romania as part of its global strategy targeting sales of EUR50 billion by 2020.
DIY Retailer Dedeman Sales Overshoot EUR600M Mark
On a do-it-yourself market where Praktiker and Bricostore changed owners and BauMax and OBI are planning to leave, the Paval brothers took Dedeman to over EUR600 million revenue.
Stephane Batoux Leaves Coca-Cola HBC Romania After Only Two Years At The Top
Stephane Batoux, the French executive who has been for two years running the operations of the Romanian Coca-Cola bottler, the largest company in the soft drinks industry in the country, is...
Cocor Expects RON0.5M Profit In 2014
Shopping center operator Cocor Bucuresti (COCR.RO) expects a net profit of RON512,000 this year, much lower than last year's net earnings of RON13.2 million, when it recovered from losing RO...
CBRE Romania Names New Leasing Manager At Retail Department
Real estate consulting firm CBRE Romania has appointed Oana Vijiala as leasing manager within the retail department.
Carrefour Romania To Launch Supeco Discount Format
Carrefour is preparing to launch its Supeco store format, a cash&carry meets discount store concept it has only launched in Spain so far.