Retail&Consumer
Mega Image Opens Five New Stores In Romania Friday
Retailer Mega Image, part of Belgian group Delhaize, has opened three Shop&Go stores and two Mega Image units Friday.
Top 20 Restaurants Owners See RON1B Revenue Together
The twenty largest restaurant chains in Romania posted aggregate revenues of 1 billion lei (EUR225 million) last year and international brands McDonald’s, KFC and PizzaHut contributed 70% of...
Yogurt Consumption Up 5% In H1, Private Labels Gain Ground
The yogurt segment, one of the most important of the dairy market, put at EUR250 million, increased by 6% in the first half of this year on the year-ago period. The overall market fell by 7%...
Advent’s Portfolio In Romania Includes Only Two Companies After Two More Exits
Investment fund Advent Internaținal sold two of its Romanian businesses over the past year: medical drug producer Labormed in August 2012 and paint maker Deutek this month.
NEPI To Open First Mall In Galati In November
South-African real estate investment fund NEPI (NEP.RO), the most active realty investor in Romania over the past four years, will open the first modern shopping center in Galati in the seco...
Sales Per Sqm Down 40% Despite EUR2B Investments By Retailers
Sales per square meter, the most significant indicator for the local retail that actually reflect the consumer spending trend, reached an average of EUR4,200 last year, from the EUR6,500 to...
Kandia Dulce Has New General Manager
Mihai Georgescu, who ran Wrigley Romania for more than 20 years, has been appointed to the position of general manager of chocolate maker Kandia Dulce, replacing Gerald Neumair, who held the...
Romania Will Also Apply Excises On Vehicles, Yacht Engines With Capacity Exceeding 100 HP
Romania’s Government decided Tuesday to also apply excise duties on vehicles and yacht engines with a capacity of over 100 horsepower starting September.
Carrefour Romania Boss Leaves After Less Than Two And A Half Years
Francois Melchior de Polignac has left his position as general manager of Carrefour Romania after less than two years and a half on the job, market sources say.