Retail&Consumer
Arctic Invests EUR24M In New Refrigerator Production Line
Household appliance maker Arctic, part of Turkish group Arcelik, opened a new refrigerator production line Thursday at its plant in Gaesti, in Dambovita county, southern Romania, following a...
Hochland Romania Gets New General Manager As Of November 1
Hochland Romania’s deputy general manager Sorin Timus will take over as general manager Friday, replacing Sergiu Mititelu, who was general manager for the past seven years, the company said...
Indagra: The Financial Power Of Farmers Has Changed Enormously
Romanian agriculture, a market that produces EUR16-18 billion per year, still has room for growth by using untilled land, as well as by improving productivity through investments in technolo...
Bucharest’s Old Center Street Lipscani To Turn Into Shopping Destination In 2-3 Years
Lipscani Street in the Old Center of Bucharest, a once thriving shopping street of the city, which is now struggling to regain its identity, will become a major shopping destination again in...
Unilever: Detergent Market Is EUR190M In Romania
Romanians spend EUR190 million a year on laundry detergents, a yet underdeveloped market.
Coca-Cola CEO: Romania To Turn Into Regional Export Hub
Coca-Cola’s plant in Ploiesti, Romania, will turn into a regional hub supplying products to six markets in the region, said Muhtar Kent, chief executive officer of the US group who was there...
Romania Might Calculate Excise Levels Considering Inflation Instead Of Exchange Rate
Romania could calculate excise levels as of 2014 by indexing current levels for inflation instead of basing calculations on the currency exchange rate set by the European Central Bank, gover...
Romania May Double Agricultural Area Used For Organic Farming In Next Seven Years
Romania will double the agricultural area used for organic farming in the next seven years, Prime Minister Victor Ponta said Wednesday.
Billa To Open Its 3rd Supermarket In Timisoara Thursday; Expands Romanian Network To 80 Units
Supermarket chain Billa, part of German retail group REWE, will open a new store in Timisoara Thursday and will expand its Romanian store network to 80 units.