Retail&Consumer
Farmec Turnover Up 14% In 2013, To RON138M
Romanian cosmetics producer Farmec Cluj-Napoca had a turnover of RON138 million (EUR31.2 million) in 2013, up 14% on the year, driven by investments and the launch of new products , the comp...
Carturesti To Open New Bookstore In Bucharest’s Old Town
Bookstore chain Carturesti, held by local entrepreneurs Nicoleta Dumitru and Serban Radu, has rented one of the buildings that used to house the Chrissoveloni Bank on the Lipscani Street, in...
Victoriei Square Becomes A New Restaurant And Coffee Shop Hub
In recent years, Victoriei Square (Piata Victoriei) in Bucharest has started to shape up as a restaurant and coffee shop hub after international chains including McDonald’s and Subway, as we...
Romania Exports Cold Cuts Worth of EUR100M Annually
Romania’s cold cut exports have registered a nine-fold increase in the past decade, shows a ZF survey based on data provided by the country’s statistics institute INS and European Union’s st...
Electroarges 2013 Sales Up 16.4% On Year, To RON160.81M
Romanian home appliance manufacturer Electroarges Curtea de Arges (ELGS.RO) registered a 16.4% increase in sales on the year to RON160.81 million in 2013, while its profit fell 9.8% to RON11...
Baneasa Developments To Invest Nearly EUR2M In Baneasa Shopping City In 2014
Baneasa Developments wants to invest nearly EUR2 million in expanding the entertainment zone and remodeling several spaces within shopping center Baneasa Shopping City, company head Georgios...
Coca-Cola Sales Volumes In Romania Down 9% In 2013
Coca-Cola's sales volumes in Romania dropped 9% last year, to 148.5 million cases from 162.7 million cases in 2012, following the negative impact of macroeconomic and commercial conditions.
InterstarChim: Price Battle Set To Continue On Cleaning Products Market
InterstarChim, the maker of cleaning products such as Rivex or Bio Carpet, saw its turnover rise by 6% last year to almost 105 million lei (EUR23 million), below initial expectations.
Canon: DSLR Market Up 10% In Romania In 2013, Will Keep Growing
The market of digital single lens reflex (DSLR) cameras saw an about 10% growth last year compared with 2012, while sales of compact cameras fell by 20% due to increased competition from sma...