Retail&Consumer
Higher Excise Duties Prompt Spirits Producers And Importers To Boost Prices
Producers and importers of alcoholic beverages started to increase prices by up to 30% as of September 1, arguing the measure raising excise duties on alcohol to EUR1,000 per hectoliter will...
Avon: Luxury Products In Demand In Romania, Poland Prefers Cheaper Ones
Anna Ruszczak, campaign planning manager for Central and Eastern Europe within cosmetics company Avon, says sales of the company’s luxury range are rising significantly at a time when consum...
Sales Of Furniture Maker Aramis Up 14% In 1H
Furniture maker Aramis Invest, based in Maramures, northern Romania, recorded a turnover of 251 million lei (EUR57 million) in the first half of this year, up 14% on the similar period of 20...
Nordsee Expects EUR4M Sales From Its Four Seafood Restaurants In 2013
Nordsee, one of Europe’s largest restaurant chains specializing in seafood, targets a 10%-15% increase in sales to nearly EUR4 million in 2013.
Unirea Shopping Center 1H Net Profit Doubles On The Year
Romania’s Unirea Shopping Center (SCDM.RO) Monday said its net profit doubled on the year to 3.7 million lei (EUR0.83 million) in the first half, as costs declined faster than revenues.
Tourist Arrivals In Romania Down 1.6% On Year In July
Arrivals at Romanian tourism accommodation establishments fell 1.6% in July from the year-earlier month, while overnight staying declined 4.2% on the year, data from the statistics institute...
Romania Adjusted Retail Sales Up 2.1% On Month In July
Romanian adjusted retail sales rose 2.1% on the month in July, due to higher sales in all sectors, the country’s statistics institute INS said Monday.
Electroarges Plans To Buy Back Up To 10% Of Its Stock
Romanian home appliance manufacturer Electroarges Curtea de Arges (ELGS.RO) plans to launch a buyback program for up to 10% of its shares, the company said in a call to its shareholders Frid...
Retailer Profi Expands Network To 173 Stores
Romanian retailer Profi has inaugurated two new stores in August, in Cluj-Napoca and Baia Mare, and will open one more unit Saturday, in Huedin, expanding its network to 173 units.