Retail&Consumer
Emag Expands Into Hungary
Romania’s largest online computer and electronics retailer eMag, controlled by South Africa’s Naspers, is looking for people to supervise its business in Hungary. The company started operati...
Top Five Sporting Goods Retailers See RON550M Sales
Sporting goods retailers Decathlon, Intersport, Hervis, Nike and Adidas have reached more than 100 stores in Romania, and 550 million lei (EUR124 million) revenue in 2012, up 9% year-on-year...
PayU: Online Retail Sales In Romania Up 141% In First Seven Months
Online retail sales in Romania rose 141% on the year in the first seven months of 2013, e-commerce solutions provider PayU Romania said in a statement Tuesday.
La Fantana Uses Erste Loan To Finance Current Debts, Pay Dividends
Romanian bottled water wholesaler La Fantana will use the EUR34 million it recently borrowed from Erste Group Bank (EBS.RO) to finance current debts, pay out dividends to shareholders and fo...
Association: Pharmaceutical Market Surveys Fail To Reflect Reality
Market researches do not mirror the reality on the Romanian medicine market, with payment delays and the impact of the clawback tax, and look at the market considering drugstore sales, accor...
BenQ Romania Sees 43% Market Share On Video Projector Segment In 1H
Taiwanese electronics company BenQ registered a 43% market share on the Romanian video projectors market in the first half of the year, following a 7.5% increase in sales.
Romania Plans To Keep Reverse Taxation On Cereal Until At Least 2018
Reverse taxation on cereal trade will no longer be limited in time, as the Romanian government has repealed a legislative provision setting the system would expire on May 31, 2014.
Romania’s Wheat Harvest Hits 8-Year High Of 7.3M Tons
Romania this year reaped its biggest wheat and rye crop since 2005 and the second-largest one in over four decades, Agriculture Minister Daniel Constantin said Friday.
Coca-Cola Hellenic Greece: Decline In Romania Due To Unaggressive Promotion
Coca-Cola HBC Romania recorded a “high single digit” decline in volumes sold, with the sales performance being determined by the bad weather and the aggressive promotional activity of market...