Retail&Consumer
Olympus: Romania Lacks Schools To Train Technicians
Finding technicians (electricians, mechanics) in Romania is really difficult and there are no more schools to train young people for such trades, says Ilias Pliatsikas who runs Fabrica de La...
Romanian Executive Promoted To Coca-Cola Hellenic
Dan Timotin, chief financial officer of Coca-Cola HBC Romania, the leader of the soft drinks market in this country, has been promoted to commercial finance director of the parent company in...
Samsung Appoints New CEO For Romanian Unit
South-Korean giant Samsung appointed Jeongwoo Kim as the new CEO for its Romanian Samsung Electronics unit, replacing Young Lak Jung, who was CEO for the last four years, the company announc...
Profi Opens Store In Craiova, 208th Unit In Romania
Discount retailer Profi opened Thursday a new store in Craiova, the third in the city and the 208th countrywide, the company said.
Nike Importer Changes Name To FF Group Romania
Elmec Romania, the local division of Greek-held group Folli Follie (FF Group) which holds the Nike franchise on the local market, has changed its name to FF Group Romania and announced new s...
H&M Romania Posts EUR100 Million Sales In 2013
The sales of Swedish retail clothing company Hennes & Mauritz (H&M) in Romania rose 41% in financial year 2013, to SEK893 million (EUR101 million), compared with SEK635 million in the same p...
FrieslandCampina: Dairy Product VAT Cut Could Drive Consumption Back Up
A cut of the value added tax for dairy products would push shelf prices down close to those charged by black market sellers and farmers and drive consumption back up, says Jan Willem Kivits,...
Austrian-Held Company Is Romania’s Biggest Exporter Of Convenience Meat Products
Convenience Prod, a company held by Austrian group Gierlinger Holding, is the largest exporter of convenience meat products in Romania, export data for January-October 2013 provided by the N...
Cocor Swings To RON13.8 Pretax Profit In 2013
Shopping center operator Cocor Bucuresti (COCR.RO) on Wednesday said it has swung to a pretax profit of 13.8 million lei (EUR3.1 million) in 2013, versus losses a year earlier, helped by hig...