Retail&Consumer
Copos Plans EUR5.4M Investments In His Hotels In 2014
Romanian businessman George Copos plans to invest EUR5.4 million in his tourism business in 2014.
Fashion Giants Grow From EUR50M To EUR350M Sales In 2008-2013
Foreign fashion retailers H&M, Inditex (owner of Zara) and C&A have reached more than EUR350 million revenue and over 150 stores in five years, from the EUR50 million sales generated by 20 s...
FMCG Companies In Romania Run By Foreign Executives During Crisis
The ten largest companies operating in Romania’s fast moving consumer goods (FMCG) industry have appointed foreign executives to run the business during the crisis, except for meat company U...
Romania Doesn’t Need New Derogation For Milk Processors – Industry Official
Romanian milk producers don’t want a new derogation from the EU for the processing of non-standard milk, Dorin Cojocaru, head of the owners’ association in the milk industry APRIL, said Thur...
Direct Surface Payments Per Hectare This Year Seen At EUR139 - Minister
Romanian farmers could get EUR139 per hectare in direct payments this year, Agriculture Minister Daniel Constantin said Thursday at the MEDIAFAX Talks about Agriculture conference.
Romania Could Ask EU For New Derogation On Milk Processing
Romania’s Agriculture Ministry is considering asking the European Union for a new derogation on the processing of non-standard milk, minister Daniel Constantin said Thursday at the MEDIAFAX...
Farmers With 5-30 Hectares Of Land Could Get EUR175/Ha - Minister
Farmers who own lands of five to 30 hectares could benefit from state aid of up to EUR175/hectare, Romanian Agriculture Minister Daniel Constantin said Thursday at the MEDIAFAX Talks about A...
H&M Sales In Romania Up 41% In December-August, To EUR71.4M
Sales of Swedish fashion retailer H&M in Romania increased 41% in December -August, the first three quarters of the current fiscal year, to SEK620 million (EUR71.4 million).
Kosarom Plans To Export Pork To China
Kosarom group, one of the largest meat producers and processors on the local market, expects to see exports of meat and meat products reach EUR8 million or 20% of its annual revenue, owner N...