Retail&Consumer
Transavia Mulls EUR10 Million Investments, Loans Payment In 2014
Transavia, the biggest poultry meat producer in Romania, plans investments of at least EUR10 million this year, similar with 2013, as well as the payment of its banking loans, according to a...
Romania’s Second Largest Poultry Exporter Avicola Crevedia Goes Insolvent
Avicola Crevedia, part of Agroli group controlled by Lebanese investor Rami Ghaziri, went insolvent at the request of the Arges-Vedea branch of Romania’s water administrator Apele Romane.
Covalact: Half Of Milk Processors To Close Down In The Next Two Years
Romania’s dairy market is set to undergo consolidation in the coming years, and amid the high raw material costs, private label pressure and consumers’ low purchasing power, half of the coun...
Leroy Merlin Buys Land For New EUR15M Store
French-held do-it-yourself retailer Leroy Merlin, which in the autumn of 2011 opened the first store of Romania in Chitila, northern Bucharest, has recently bought a 4.3-ha land plot in the...
Baneasa Shopping City Stores Hit EUR200M Sales
The stores in the Baneasa Shopping City in northern Bucharest posted EUR200 million sales last year, after a new 5% increase, says George Argentopoulos, the manager appointed to run the mall...
Romanian Executive In Charge Of Turkish Fashion Group Expansion
Teodora Burz has spent the last eight years traveling to and from Romania, Italy, China and Turkey, where she has worked for foreign fashion brands.
Macromex To Open Logistics Center In April, Following EUR17M Investment
Frozen products distributor Macromex announced Thursday that it will open logistics center Edenia Distribution Center in April this year, in Campia Turzii (northwestern Romania).
JYSK Plans To Reach 100 Stores In Romania, On Medium Term
Swedish furniture retailer JYSK witnessed a slight increase in Romanian sales in 2013 and plans to expand its store chain on the local market, on the medium term, to 100 units, from 14 units...
Palas Drives Dascalu’s Real Estate Revenue Up 16% To EUR65M
The first entire operational year of Palas center of Iasi, the largest real estate investment outside Bucharest, drove revenue of the Iulius group controlled by businessman Iulian Dascalu, t...