Retail&Consumer
Italians Own 220,000 Ha Of Farmland In Romania
Italian investors control farms operating lands with an overall area of around 220,000 hectares in Romania, namely a quarter of the total area held by foreign players in the agricultural fie...
DAAS Romania Expects EUR30M Sales In 2014
DAAS Romania, supplier of equipment and services for the Horeca and food retail industry, said Monday it expects its sales to reach EUR30 million in 2014.
Romania’s EU Fund Absorption Rate Via Economic Competitiveness Program Seen Up To 60%
Romania’s EU fund absorption rate via the Sectoral Operational Program Increase of Economic Competiveness (POS CCE) might reach up to 60% this year, from 36% in 2013, when projects worth RON...
Two Romanian Brands Battle RedBull And Burn On EUR90M Energy Drink Market
The energy drink segment, which doubled its value in 2005-2010 and faltered starting 2011, is likely to return to growth this year after several years of stagnation, shows a ZF survey based...
Leroy Merlin Romania Raises Share Capital By EUR10M, Likely To Invest In New Store
French group Adeo raised the share capital of DIY retailer Leroy Merlin Bricolaj Romania by EUR10 million in January and will most likely use the funds for a new store.
Trade Registry: 2,054 Companies Filed For Insolvency In January
A little over 2,000 companies went out of business in Romania last month, down 14.5% compared with January 2013, data from the Trade Registry showed Friday.
L’Oreal Plans Strong Growth On The Romanian Market
Gilles Antoine, appointed to run L’Oreal Romania two years ago, says that after bringing the business back to an upward trend, he wants it to become leader of the domestic market and exceed...
Greek Investor Shifts From Furniture Making And Real Estate To Snail Farming
Nikos Chlepas, a Greek investor who was involved in the Neoset furniture business five years ago, as well as in several real estate projects, last year switched to snail farming with a 10-he...
Profi Opens Store In Giurgiu
Profi opened Thursday its first store in Giurgiu, southern Romania, reaching a countrywide network of 210 stores.