Retail&Consumer
Online Retailer Cel.Ro Sees 30% Growth In H1
Cel.ro, one of the largest online computer and electronics retailers posted growth of 30% in revenue in the first half, even though overall sales of such products only increased by a little...
Banca Transilvania, CEC Bank Refinance Mineral Water Producer Romaqua’s RON500M Loan
Romaqua, one of the largest Romanian-held companies in the fast moving consumer goods sector, is giving the lead to borrowing in lei, after refinancing an about 500 million lei (EUR112 milli...
Echo Investment Changes Design Of Korona Mall To Meet Market Requirements
Polish company Echo Investment has changed the design of shopping center Korona, which it will develop in Brasov starting next year, and plans to buy existing retail projects, considering th...
Cemacon: Rural Construction Projects Contribute Some 70% To Total Brick Sales
Brick sales in rural Romania currently account for 60% to 70% of overall sales on this market segment, the reverse of the situation previous to the crisis, Liviu Stoleru, general manager of...
Hochland’s Investments In Romania Exceed EUR100M
German dairy product maker Hochland has invested over EUR100 million in Romania since 1993, when it entered the local market, according to the company.
Romania Sets Formulae For Lump Sum Tax To Be Applied Starting 2014
Owners of restaurants with a floor of 150 square meters in central Bucharest will pay lump sum tax of 17,136 lei (EUR3,900) per year starting 2014, while shawarma eateries will contribute lu...
Auchan To Rebrand Its Real Hypermarkets In Romania In Less Than A Year
Retailer Auchan Romania will rebrand to Auchan the 20 Real hypermarkets it bought from German group Metro in less than a year.
Toy Retailer Jumbo Plans To Open Two Stores In Romania By End-2013
Greek toy retailer Jumbo plans to open two stores in Romania by the end of 2013, namely, one in western city of Timisoara and one in capital city Bucharest.
Mega Image Opens Two New Stores In Bucharest Friday
Retailer Mega Image, part of Belgian group Delhaize, will open two supermarkets in Bucharest Friday, brining its local network to 249 units, the retailer said Thursday.