Retail&Consumer
Top Three Beer Brands See EUR300M Sales
Timisoreana (SABMiller), Bucegi (Heineken) and Ciucas (SABMiller) the three best-selling beer brands in Romania posted more than EUR300 million sales together last year, according to ZF’s es...
Calea Victoriei Attracts New Retailers Who Still Believe This Will Turn Into Promenade
Iulia Dobrin, the entrepreneur who more than twenty years ago launched luxury lingerie brand I.D. Sarrieri, decided to relocate her luxury multibrand The Place from Calea Dorobantilor to Cal...
Construction Works On Mall ParkLake In Bucharest To Start In December
Portuguese company Sonae Sierra and Irish real estate developer Caelum Development said they got authorization to build shopping center ParkLake in Bucharest in September and construction wo...
IMF: Romania Must Analyze Impact Of Cutting VAT On Bread Before Extending Measure To Other Products
Romania’s government may take a decision on lowering the value added tax on other food products besides bread only after it analyzes the impact of the VAT cut in the bread industry, IMF offi...
Danish Shoe Retailer ECCO Opens New Store In Romania
Danish shoe manufacturer and retailer ECCO has opened a new store in Romania, in central city of Brasov, following an investment of EUR100,000.
evomag.ro Expects 30% Higher Sales In 2013
Evolution Prest Systems, owner of online retailer evomag.ro, expects sales of EUR15 million in 2013, up 30% on the year, fueled by a 35% increase in customer numbers and a wider product port...
Romania Retail Sales Fall Slightly In September
Romanian adjusted retail sales inched down 0.1% on the month in September, due to lower sales of food, drink and tobacco products, the country’s statistics institute INS said Monday.
Romania To Export Over Half A Million Cows To China In Next 7-10 Years
Romania has signed a protocol with Chinese authorities and will export over 500,000 Romanian bred cows to China in the next 7-10 years, Agriculture Minister Daniel Constantin said Saturday d...
Mega Image To Reach Over 270 Stores In Romania End-November
Mega Image, part of Belgian retail group Delhaize, plans to open eleven more stores in Romania in November, reaching a local network of 272 units by the end of the month.