Retail&Consumer
Romanian Antitrust Watchdog Fines 14 Electronics&Appliance Companies
Romanian antitrust authorities gave fines totaling 56.5 million lei (EUR12.7 million) to 14 electronic and home appliance companies, members of Rorec and Ecotic associations, for sealing ant...
Bucharest Court Suspends Carrefour Romania Insolvency Decision
Bucharest Court ruled in favor of Carrefour Romania’s appeal against the insolvency decision made at the request of one of the company’s suppliers, at the end of 2013.
Cora Romania 2013 Sales Up 13.5% On The Year
The sales of French retailer Cora in Romania rose 13.5% on the year in 2013, as the company opened two new hypermarkets, PR officer Ana Maria Florea told MEDIAFAX.
Bankrupt PIC Hypermarket In Oradea Sold To Maltese Investors To Be Made Into Logistic Center
The former PIC hypermarket in Oradea, western Romania, has been sold to Western Logistics SRL, part of Malta's Alf. Mizzi & Sons Ltd, which will reconvert it into a logistic center, Pricewat...
Heinrig Distribution: Restaurant Patrons Pay More Attention To Prices
Customers’ preferences are shifting from brands to ‘no name’ products even in premium locations, says Andrei Ghegoiu, general manager of consumer goods distributor Heinrig Distribution.
Romconsulting Buys Part Of Mario Plaza Shopping Center
Romconsulting, one of the largest owner of street retail space in Bucharest and of the Grand Offices office building of Calea Floreasca, purchased the ground floor of Mario Plaza shopping ce...
Romania Tablet Market Climbs Towards 1 Million Units In 2014
Around 550,000-600,000 tablets were sold in Romania in 2013, a threefold increase against the previous year and the upward trend is set to continue this year, with the market expected to rea...
Furniture Maker Cotta Arad 2013 Sales Hit EUR47M; 2014 Output Fully Contracted
Romanian furniture maker Cotta International Arad had sales of EUR47 million last year, up 17.5%, and this year's output has already been contracted and 95% of it will be exported.
PC Garage Aims For 30% Growth In 2014
PC Garage, a company that manages several online computer and electronics stores like pcgarage.ro, pcfun.ro and garagemall.ro, will see growth of 30% in sales this year, outperforming the en...