Retail&Consumer
Philips Set To Make Electric Toothbrushes In Orastie
Dutch giant Philips is going to manufacture Sonicare-branded electric toothbrushes in the plant in Orastie, central Romania, where it already produces coffee makers, market sources say.
Nokia Sells Romanian Unit To Nokia Finland Oy For EUR18.8 Million
Nokia Corporation sold its Romanian unit to Nokia Finland Oy for EUR18.84 million, part of the process of selling the Finnish group’s mobile phone business to technology giant Microsoft, Nok...
Carrefour Romania Takes Out RON60M Loan From ING Bank
Artima, the company through which Carrefour Romania administers its Market supermarkets and three Express convenience stores in Bucharest, announced Wednesday that it concluded a lending agr...
Austria's Agrana To Buy Two Sugar Refinery Plants From Romanian Lemarco
Austria's Agrana Zucker will buy Romanian sugar producer Lemarco's sugar refining plants in Urziceni (Ialomita county) and Liesti (Galati county).
Gedeon Richter 2013 Sales In Romania Up 13% To EUR148.9 Million
Hungarian drug maker Gedeon Richter said its 2013 sales in Romania rose 13.3% to EUR148.9 million, from EUR131.4 million a year earlier, fueled by strong activity in the wholesale and retail...
Romania December Retail Sales Rise At 3rd Fastest Pace In EU
Romanian retail sales rose 5.9% in December from the year-earlier month, the third largest increase in the European Union, official data showed Wednesday.
Food In ZF Basket 2% Cheaper Than Last Fall
The price of the main 15 foods in the market basket used for the ZF index has dropped 2% since last fall, as a result of the increasingly fierce competition among retailers trying to get new...
Ambient Trades Stores For Debt Cut
Do-it-yourself and construction material distribution company Ambient, controlled by Sibiu businessman Ioan Ciolan, in late 2013 carried out an extensive financial overhaul process by which...
Strauss Coffee Buys Amigo Brand, Sold Mainly In Romania, For $20M
Israeli group Strauss Coffee, the producer of coffee brand Doncafe, said it acquired instant coffee brand Amigo for $20 million, which is sold mainly in Romania, from Brazilian company Cia I...