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Most Extensive Retailer: Petrom Boasts Sales Of Over EUR200M Through Its 550 Gas Station Stores
Companies

Most Extensive Retailer: Petrom Boasts Sales Of Over EUR200M Through Its 550 Gas Station Stores

OMV Petrom, the largest company on the Romanian market by turnover, has annual sales of around EUR200 million from non-oil products sold through the country-wide network of 546 gas stations....

Oana Gavrila · 09.08.2013 · 00:00 · 1 min
La Fantana Borrows EUR34M From Erste Bank
Banks-Insurance

La Fantana Borrows EUR34M From Erste Bank

Romanian bottled water wholesaler La Fantana contracted a EUR34 million loan at the end of July from Erste Group Bank, which it guaranteed with its assets, accounts, insurance policies, and...

Oana Gavrila · 08.08.2013 · 16:34 · 1 min
Melchior De Polignac, Carrefour: Income Uncertainty Is What Holds Consumption Back
Retail&Consumer

Melchior De Polignac, Carrefour: Income Uncertainty Is What Holds Consumption Back

Francois Melchior de Polignac, executive manager of Carrefour Romania, says Romanians are increasingly cautious when they shop because of economic uncertainties, mainly to do with their inco...

Tudor Ioana Raluca · 08.08.2013 · 07:13 · 2 min
Mega Image Takes Over Five Gulliver Stores In Bucharest
Retail&Consumer

Mega Image Takes Over Five Gulliver Stores In Bucharest

Retailer Mega Image, part of Belgian group Delhaize, on Wednesday said it took over five stores in Bucharest of Romanian retail chain Gulliver.

Ecaterina Craciun · 07.08.2013 · 16:57 · 1 min
NEPI Confirms Acquisition Of Deva Retail Park Which Includes Metro And Praktiker
Real Estate

NEPI Confirms Acquisition Of Deva Retail Park Which Includes Metro And Praktiker

South-African investment fund NEPI (NEP.RO) is awaiting the approval of the Competition Council to acquire the Deva Shopping Center project (western Romania), which includes stores of Metro...

Oana Gavrila · 07.08.2013 · 15:22 · 1 min
Kaufland Reached Around 12,000 Employees In Romania In 2012
Retail&Consumer

Kaufland Reached Around 12,000 Employees In Romania In 2012

Kaufland, the largest food retailer on the Romanian market, reached around 12,000 employees in Romania in 2012, according to Trade Registry data centralized by ZF.

Ecaterina Craciun · 07.08.2013 · 13:12 · 1 min
Bucharest’s First Mall Since 2010 To Be Opened On October 17
Real Estate

Bucharest’s First Mall Since 2010 To Be Opened On October 17

Shopping center Promenada in Bucharest, developed by Raiffeisen Evolution, will be inaugurated on October 17, following a total investment of over EUR130 million.

Ioana Tudor · 07.08.2013 · 12:47 · 1 min
Largest 100 Employers Lost 36,000 Employees Since 2008
Companies

Largest 100 Employers Lost 36,000 Employees Since 2008

The 100 largest employers in Romania, which together have 520,000 employees (12% of the total number in the economy), reported a decline of 36,000 employees between 2008 and 2012, according...

Tudor Ioana Raluca · 07.08.2013 · 07:46 · 2 min
Laura Baldini Distributor Targets EUR5M Sales In 2013
Retail&Consumer

Laura Baldini Distributor Targets EUR5M Sales In 2013

Logitrade Timisoara, which sells and promotes in Romania the Laura Baldini collection of pantyhose, tights and stockings produced in Italy, estimates to double sales in 2013 to over EUR5 mil...

Ecaterina Craciun · 06.08.2013 · 17:54 · 1 min