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Scandia Food Borrows EUR22M From Banca Transilvania To Finance Investments
Banks-Insurance

Scandia Food Borrows EUR22M From Banca Transilvania To Finance Investments

Romanian canned meat producer Scandia Food has borrowed EUR22 million from local lender Banca Transilvania (TLV.RO) to upgrade equipment and finance new investment, the company said Tuesday.

Florentina Dragu · 26.11.2013 · 14:22 · 1 min
Insurer Allianz-Tiriac Pays EUR1.8M Claim To Meat Processor Doly-Com
Retail&Consumer

Insurer Allianz-Tiriac Pays EUR1.8M Claim To Meat Processor Doly-Com

Allianz-Tiriac Asigurari paid a claim of nearly EUR1.8 million in November to Botosani-based meat processor Doly-Com SRL after the company’s warehouse in Bucharest was damaged by a fire.

Oana Gavrila · 26.11.2013 · 11:25 · 1 min
Online Computer And Electronics Retailers See Black Friday Sales At Over EUR30M
Retail&Consumer

Online Computer And Electronics Retailers See Black Friday Sales At Over EUR30M

Romanian online computer and electronics retailers eMag.ro, cel.ro, PC Garage group, f64.ro and evomag.ro saw more than EUR31 million sales at this year’s Black Friday, higher than last year...

Oana Gavrila · 26.11.2013 · 07:51 · 2 min
Romania's 10 Largest Clothing & Footwear Retailers Make Up One Third Of Local Market
Retail&Consumer

Romania's 10 Largest Clothing & Footwear Retailers Make Up One Third Of Local Market

Romania’s clothing and footwear market, estimated at some EUR1.5 billion, is dominated by foreign brands and the only Romanian retailer included in the top ten, by market share, is Leonardo,...

Ecaterina Craciun · 26.11.2013 · 00:00 · 3 min
Auchan Increased Share Capital By EUR180M In 2013
Retail&Consumer

Auchan Increased Share Capital By EUR180M In 2013

French-held retailer Auchan, which has 31 hypermarkets in Romania, has increased its share capital by nearly EUR180 million since the beginning of 2013.

Ecaterina Craciun · 26.11.2013 · 00:00 · 1 min
eMag Black Friday Sales Higher Than Expected
Retail&Consumer

eMag Black Friday Sales Higher Than Expected

Online retailer eMag.ro registered sales of EUR23 million during its early Black Friday discount sales campaign, Dante International, owner of eMag, said Monday.

Ioana Tudor · 25.11.2013 · 12:50 · 1 min
F64 Black Friday Sales Top EUR2M
Retail&Consumer

F64 Black Friday Sales Top EUR2M

Photo and video equipment retailer F64 Studio had sales of over RON9 million (EUR2 million) during its three-day Black Friday sales campaign over the weekend, the company said Monday.

Oana Gavrila · 25.11.2013 · 11:08 · 1 min
Black Friday’s First Figures: Sales Of EUR70M In Electronics & It Retail
Retail&Consumer

Black Friday’s First Figures: Sales Of EUR70M In Electronics & It Retail

Romanians shook off their shopping gloom for the Black Friday three-day weekend and bought products of around EUR70 millions of euros from traditional and online IT &C retail, up from last y...

Oana Gavrila · 25.11.2013 · 07:44 · 2 min
Domo, emag.ro, evomag.ro, F64 Black Friday Sales Topped RON80M In First 12 Hours
Retail&Consumer

Domo, emag.ro, evomag.ro, F64 Black Friday Sales Topped RON80M In First 12 Hours

Online IT and electronics retailers emag.ro, evomag.ro, F64 Studio and retailer Domo had sales of over RON80 million in the first 12 hours of their Black Friday sales campaign, the companies...

Oana Gavrila · 22.11.2013 · 15:04 · 1 min