Retail&Consumer
Carrefour Opens Express Store In Galati
Retailer Carrefour Romania opened its first Express proximity franchised store in the eastern city of Galati, after also opening another one in the capital city, Bucharest, the company annou...
GfK: Romanians More Pessimistic About Country’s Economy At The End Of 2013
Romanians were more pessimistic in the fourth quarter of 2013 regarding the country’s economy, according to a Consumer Climate Europe survey conducted by GfK in 14 European countries.
Eurolines To Invest EUR14M This Year In Buses And New Tour Agencies
Romanian tourism group Eurolines, owned by businessman Dragos Anastasiu, will invest RON14 million this year to renew its tour bus fleet and increase its car rental fleet, develop its tour a...
Bucharest Residents’ Budget: 70% Of Money Spent On Food, Gas And Utilities
A Bucharest resident spends almost 70% of monthly income on food, utilities, rent and transportation. At the opposite end, less than 2% of the monthly budget of around 2,200 lei (about EUR50...
Vodafone Mulls Extending Franchised Store Network To 50 Units By April
Vodafone Romania is looking for partners with over EUR10,000 startup capital to extend its franchised store network from 19 to 50 units by April, a process that will continue by the end of t...
Tymbark Maspex Romania 2013 Sales Up 7% On Year To RON300M
Tymbark Maspex Romania, one of the largest juice producers on the local market, Wednesday said it registered sales of 300 million lei (EUR68 million) in 2013, up 7% on the year, according to...
Fashion Retailer Takko Opens Two New Stores In Romania Thursday
German fashion retailer Takko opens two new stores in Romania Thursday, in Sfantu Gheorghe and Petrosani, near Kaufland, hypermarkets, reaching a chain of 61 stores.
Germany’s Karcher Mulls Production Expansion In Romania
German-held Karcher, which sealed a production partnership with Electroarges as early as 2002, is likely to expand production in Romania. Considered options include the construction of a pla...
Praktiker Sells Romanian Operations To Turkish Businessman
German do-it-yourself retail chain Praktiker sold its operations in Romania, which include 27 stores with sales of EUR142 million in 2012, to Search Chemicals company, owned by Turkish busin...