Retail&Consumer
NEPI To Start Construction On Three Malls By Christmas
South-African investment fund NEPI plans to start work on three more retail projects in Romania by the end of this year, which will entail a total budget of around EUR200 million. The fund h...
Italy’s IGD To Invest Some EUR5M In Winmarkt Romania Store Chain In 2013
Italian company Immobiliare Grande Distribuzione (IGD) has earmarked nearly EUR5 million for investments in modernizing and extending the rentable area of shopping center chain Winmarkt Roma...
Jorge C. Manuel Named Walmark CEO
Dietary supplements producer Walmark has appointed Jorge C. Manuel as chief executive officer, replacing Petr Turoň, the company said in a press release.
Dedeman Opens Two More Stores, Ends Year With EUR70M Investments
Do-it-yourself retailer Dedeman will open two new stores in Targu-Mures and Ploiesti for a total of 36 stores by the end of 2013, six more than at the beginning of the year.
Moraru, Marex: There’s Room For Growth On A Pork Market With 40% Deficit
The swine business of the Braila-based Marex Group will grow by 7.5% this year, owner Marin Moraru says.
Chocolate Consumption In Romania Picks Up For First Time In Four Years
Romania’s chocolate market is expected to grow by 5% in volume in 2013, up to 31 million kilograms, following a continuous decline in consumption ever since 2008, according to a ZF analysis...
Carrefour Opens Its 70th Romanian Supermarket Tuesday
French retailer Carrefour said Monday it will open its 70th supermarket in Romania Tuesday in Moinesti, Bacau county.
Traders Revise Upward Estimates On Romania’s 2013 Grain Production
Estimates regarding Romania’s grain production in 2013 have been revised up 10% in October to about 19.1 million tons, close to the record levels registered in 2004, 2005 and 2011, according...
Otter Distribution Wants To Expand Salamander Network To 20 Stores By 2016
Filip Schwartz, majority shareholder and chief executive of the Otter Distribution group, is developing a new shoe store network in Romania, under the Salamander brand.