Retail&Consumer
Government Approves Lump-Sum Tax Bill
Romania’s Government Wednesday approved a bill to apply a lump-sum tax in the hospitality industry and the auto services sector starting 2014.
Meat Processor Doly-Com Increases Export Share To 40% Of Total Sales
Beef exports of Romanian meat processor Doly-Com Botosani accounted for about 40% of the company’s total turnover at the end of September, up from 30% in 2012.
Intersport Opens its 23rd Romanian Store In AFI Palace Ploiesti
Sporting goods retailer Intersport is opening a new store Thursday in the AFI Palace shopping mall in Ploiesti, its second in the city and 23rd in the country.
INS: Retail Sales Slightly Higher In August
Romanian adjusted retail sales rose 0.8% on the month in August, due to higher sales of food, drink and tobacco products, the country’s statistics institute INS said Wednesday.
Szarvadi Exits Domo’s Board Of Directors Less Than A Year After Stepping Down As CEO
Lorand Szarvadi, the founder of electro-IT retailer Domo, has left the company’s Board of Directors, while keeping his position as general manager of Digistore, the group’s online division....
Miele Wants To Double Turnover At Its Brasov Plant To EUR55M
Turnover of Miele Tehnica plant in Brasov should double within the next 3-4 years to EUR55 million, says the plant’s German manager Hartmut Hohaus.
Rain Gives Farmers Reason To Hope For Good Wheat Harvest
Romanian farmers are getting ready to plant the seeds for next year’s wheat crop and the rain in the last few days is a breath of fresh air to them since the best time for sowing is mid Octo...
Cigarettes, Meat, Edible Oil Producers Boast Exports Of EUR460M In 1H
Producers of cigarettes, meat and sunflower oil together had total exports of around EUR460 million in the first half of this year, shows a ZF analysis based on the official statistics of th...
Romanian Bookstore Chain Diverta Close To Ending Reorganization, Has 36 Fewer Bookstores
Bookstore chain Diverta has closed down 36 units since becoming insolvent in 2010 and is now left with 26 stores.