Retail&Consumer
Kaufland Opens New Store In Oradea; Reaches 91-Unit Network
Food retailer Kaufland Romania opened Thursday a new hypermarket in Oradea, the second in the northwestern city, thus reachig 91 units countrywide.
Domo: Football Championship To Drive TV Set Sales Up 10%
Romanian consumers bought 720,000 TV sets last year, 3% more than in 2012 and 11% more than in 2011, which means the market rebounded after several years of decline, computer and electronics...
Farmec Cluj Navigated Crisis Well With Cheaper Products
Farmec Cluj, Romania’s largest cosmetics producer, saw its revenue advance in each of the past five years of crisis, as on a market dominated by multinationals Farmec products are 30-40% che...
Hilton Sibiu Boss Says 2014 Off To A Good Start
The Hilton hotel in Sibiu, the only five-star hotel in the city, targets an average occupancy rate of at least 77% this year, from 67% in 2013, says general manager Nicolae Aron.
Tequila Sales Up 43% In 2013 Against 2008, Heading Toward EUR5M
Sales of tequila, a drink that sold less than 20,000 liters on the Romanian market a decade ago, reached some 228,000 liters last year, up 43% compared to 2008, while most spirits categories...
Former Real Hypermarket In Pitesti Reopens Thursday As Auchan
Auchan Romania will reopen real hypermarket in Pitesti city Thursday, being the fifth store rebranded this year and the 12th of the 20 real hypermarkets Auchan acquired last year from German...
Bebe Tei, The First Children’s Products Supermarket, Heads Toward EUR10M In Revenue
Bebe Tei, the first children’s products supermarket opened in Bucharest, has boasted higher-than-expected results since launch last April until present, says Dragos Vladu, one of its shareho...
Paturan Family Brings New Footwear Brand In Romania
Eugen Paturan, the entrepreneur who holds the Bata franchise in Romania together with his wife, is bringing a new footwear brand, New Balance, rivaling Nike and Adidas, on the Romanian marke...
Boromir Prod Turnover Down 19.6% In 2013, Loss Doubles To RON3.9M
Romanian milling and bakery company Boromir Prod Buzau (SPCU.RO), controlled by businessman Constantin Boromiz, ended 2013 with a turnover of RON91.67 million (EUR20.7 million), down 19.6% o...