Retail&Consumer
Romanian Tourism Authority To Pay Nearly EUR4M For Advertising In German Media
Romania’s National Authority for Tourism (ANT) will hold an auction to select an agency that will manage a media campaign off maximum EUR3.9 million promoting Romania as a tourist destinatio...
Mega Image To Start Home Deliveries By March 2014, Opens 16 Stores In December
Retailer Mega Image will have a home delivery system working in the first quarter of 2014 and will open 16 more stores before 2013 is out, reaching a countrywide network of 296 units.
Micula Brothers Win Legal Battle Against Romania Over Unpaid Fiscal Incentives
Romanian entrepreneurs Ioan and Viorel Micula, owners of European Food&Drinks group, have won their legal dispute with the Romanian state regarding the cancellation of a series of fiscal inc...
H&M Reopens Expanded Store In AFI Palace Cotroceni Saturday
Swedish fashion retailer H&M reopens Saturday its biggest store in Romania in the AFI Palace Cotroceni shopping center in Bucharest, after expanding it by 800 square meters.
F64 Studio Sold For Undisclosed Amount
Romanian leading photo and video equipment retailer F64 Studio was sold to a foreign investor, the company’s founders announced Friday.
Romanian Brands Become Market Leaders In Less Than 20 Years
Romanian brands such as Mobexpert, Altex and AdePlast have managed to become no. 1 on their respective markets and boast turnovers of hundreds of millions of euros, although they were built...
EU Claims EUR70,000 Back From Romania For Delayed Agriculture Payments
The European Commission has to recover EUR335 million members states, including Romania, which has to pay back EUR70,000, because of non-compliance with EU rules or inadequate control proced...
Profi Opens Four New Stores In Romania Thursday
Discount retailer Profi opened Thursday four new stores in Romania, in the towns of Botosani, Busteni, Salonta, and Sfantu Gheorghe, reaching a countrywide network of 204 units.
Romanian Online Retailer Vivre Expands In Croatia
Vivre, the largest online deco home furnishing retailer in Romania, expects turnover of EUR7 million this year and will expand in Croatia in 2014.