Retail&Consumer
Jumbo Posts EUR4.3M Sales And EUR1.4M Profit In Romania In Last Quarter Of 2013
Greek toy retailer Jumbo registered net sales of EUR4.3 million and profit of EUR1.43 million in Romania in the last quarter of 2013.
Cellini, Set To Expand On Lower Price Watch Segment
Alessandro Amato, the Italian who owns Cellini, Gucci and Paul & Shark luxury stores in Romania, wants to add new units in 2014 on the medium-price segment, under brands such as Swarovski an...
Consumption Revival in Romania? Retail Sales Rise In January
Romanian adjusted retail sales rose 2.4% in January compared to the previous month, due to higher sales in all sectors, the statistics institute INS said Tuesday.
Kandia Dulce Revenue Climbed To EUR40M In 2013
Kandia Dulce, the biggest chocolate producer in Romania, in 2013 sold over 77 million pieces of Rom, Fagaras bars and Magura mini-cookies, some of the oldest sweets brands in Romania, accord...
New Wave Of Retail Investments: 7 New Construction Sites In Bucharest
At present, 15 large shopping centers and 25 hypermarkets are operational in Bucharest, but retailers and real estate developers believe the market is not well covered. Thus, in mid-February...
Romanian Electro-IT Market, Second Highest Growth Rate In Europe In 2013
Sales of TV sets, refrigerators and smartphones rose by 6.9% in Romania last year, to EUR1.7 billion, with the increase of the domestic durable goods market being the second biggest in Europ...
Winmarkt Rental Revenues Fell 10% In 2013, To EUR10M
Revenues obtained by Italian company Immobiliare Grande Distribuzione (IGD) from renting its 15 Winmarkt shopping centers in Romania dropped 9.9% in 2013, to EUR9.9 million, driven by a lowe...
Ameropa Close To $100m Exports Of Romanian Wheat To Egypt
The Romanian division of Swiss-held trader Ameropa, one of the top three grain traders on the local market, collected $98.7 million between July 2013 and February 2014 from wheat orders plac...
New Owner Hopes To Drive Praktiker Back To Sales Of EUR300M/Year
Omer Susli, the Turkish investor who at bought from Germany’s Praktiker the group's 27-store network in Romania, hopes to bring the company back to profit in two years at the latest. Revenue...