Retail&Consumer
MasterCard: Inter-Bank Fee Cut Might Increase Costs For Card Users
The cut in the inter-bank fees for card transactions might trigger higher costs for card users and lower investments in the development of payment infrastructure, MasterCard representatives...
Cargill To Sell Off Land And Buildings Of Former Oil Factory In Romania
Cargill Oils, part of U.S. Cargill group, will put up for sale the land and constructions that housed its vegetable oil factory in Podari, in the southern Romanian county of Dolj.
Blocked Roads And Railways Cost Romania Hundreds Of Millions Of Euros A Day
Back in the communist regime days until 1989, if traffic stopped, heads would roll starting from station masters, says George Buruiana, chairman of the Railway Freight Carriers of Romania As...
Pharmacy Chains Continue Expansion In 2014
The largest five retail pharmacy chains in Romania, Catena (480 pharmacies), Sensiblu (more than 400), Dona (230), Help Net (more than 150) and Ropharma (more than 125) account for almost 20...
Profi Dismisses Rumors About Potential Deal With Poland’s Biedronka
Romanian discount retailer Profi on Tuesday dismissed rumors about a potential deal with Poland’s largest retail chain Biedronka to sell its local network.
Former Real Hypermarket Timisoara Sud Reopens As Auchan Thursday
The Real hypermarket Timisoara Sud will reopen as Auchan Thursday, being the second unit rebranded this year and the ninth of the 20 Real hypermarkets Auchan acquired last year from German g...
Poland’s Largest Retailer Biedronka Contemplates Expansion To Romania
Poland’s largest retail chain Biedronka is considering entering Romania via an acquisition, market sources say.
Most Popular Bars In Bucharest’s Old Town See Sales Of Over EUR1M A Year
The bars with the highest sales in Bucharest’s Old Town each make more than EUR1 million revenue a year, three or four times more than the average.
Visa Card Operations In Romania Up 10.7% In 2013, To EUR19.3B
Transactions and cash withdrawals using bank cards issued by Visa increased by 10.7% in the fiscal year ended September 2013, to EUR19.3 billion, the company said Monday.