Retail&Consumer
CBRE: Modern Retail Space Stock In Romania To Reach 2.85Mln Sqm By End-2013
The stock of modern retail space in Romania will increase to 2.85 million square meters by the end of 2013, while shopping center vacancy rates range from 5% to over 10%, depending on projec...
Gorenje Romania Targets 10% Higher Sales In 2013, To EUR13M
Home appliances importer and distributor Gorenje Romania, part of Slovenian group Gorenje, estimates sales will increase by 10% to over EUR13 million in 2013.
Only Two Local Brands Close Behind Coca-Cola And Pepsi On EUR700M Market
Frutti Fresh and Adria made by Micula brothers’ European Drinks are the only local brands that keep close behind Coca-Cola and PepsiCo on a carbonated beverage market put at EUR600 million t...
Romania Will Lower VAT On Bread In September, Introduce Excise Duties On Luxury Products
Romania will lower the value added tax on bread to 9% from 24% on September 1 and the negative impact of the measure, estimated at about 100 million lei (EUR22.7 million), will be offset by...
Furniture Maker Lemet Opens New Store In Nearly RON1.7M Investment
Furniture maker Lemet has opened a store in Radauti, in Romania’s northeastern county of Suceava, following an investment of nearly 1.7 million lei (EUR0.38 million).
Convenience Stores Part Of Gas Stations – A EUR600M Business
Sales of non-oil products sold at gas stations exceeded EUR600 million last year, according to ZF calculations based on data provided by oil companies, which say such products generated 10%...
Wine Imports Rose 200-Fold In 2000-2012
Wine imports rose more than 200-fold in volume between 2000 and 2012, while Romanian wines lost ground abroad and exports halved in the mentioned period, according to Romania’s National Offi...
Mega Image Opens Two New Stores In Bucharest Friday
Retailer Mega Image, part of Belgian group Delhaize, will open a Shop&Go store and a Mega Image unit in capital city Bucharest Friday.
SABMiller’s Beer Sales In Romania Up 13% In Volume In April-June
London-based brewer SABMiller, which owns Ursus Breweries in Romania, said Thursday volumes in Romania rose 13% in the first quarter (April-June) of fiscal year 2013.