Retail&Consumer
Toy Sales In Romania Expected To Reach EUR50M In December 2013
Sales of toys and games in Romania could reach EUR50 million in December, as major retailers and online stores say sales during the winter holidays generate up to 35% of their full-year turn...
Government To Consider Cutting VAT On Other Foods After July 1, 2014
The government will look into lowering the sales tax on food products other than bread only after July 2014, Romanian Prime Minister Victor Ponta said Monday.
Romania Invested EUR5.87B Through Rural Development Program In 2007-2013
Romania invested EUR5.78 billion through the National Rural Development Program in the 2007-2013 period, according to Agriculture Ministry data.
Nestle Romania CEO: Local Modern & Online Retail Grows Twice As Fast As In W Europe
Nestle Romania Chief Executive Officer Herve de Froment said Romania is the place to be when it comes to the revolution of modern retail and e-commerce, because what took Western European co...
Retailers End Year With Over 250 New Stores After EUR200M Investments
International modern retail chains expanded their networks at a fast pace in 2013, for the third year in a row, opening 255 stores and hiring 4,000 staff.
Profi Opens 63 New Stores In 2013, Extends Romanian Network To 207 Units
Discount retailer Profi inaugurated Thursday the last three stores scheduled for opening in 2013, bringing its Romanian network to 207 units.
Accace: Foreign Investors To Focus Mainly On Agriculture, IT And Outsourcing In Romania In 2014
Agriculture, IT and outsourcing will become the main fields of interests for foreign investors in Romania in 2014, according to outsourcing & advisory company Accace.
Romania’s Retail Market Expected To Reach 2008 Level Of RON130B By 2015
Romania's retail market, which returned to growth in 2012, will witness a growth rate of over 5% in upcoming years and is expected to reach 130 billion lei (EUR29 billion) by 2015.
Alexandrion Founder: Romania's Insolvency Law Should Be Cancelled, Not Amended
Nawaf Salameh, founder and CEO of spirits producer Alexandrion Grup Romania, thinks Romania's insolvency law is the biggest mistake the country has made over the past years.