Retail&Consumer
VPK Packaging’s Sales In Romania Up 9% In 1H
Belgian corrugated fiberboard maker VPK Packaging registered turnover of 38 million lei (about EUR8.5 million) in Romania in the first half of 2013, up 9% on the year.
GfK: Consumption Is Declining, Investments Needed To Restore Confidence
Market research company GfK, which monitors 3,000 households in Romania, says consumer confidence is at a low. “The Government needs to attract investments,” says Andi Dumitrescu, general ma...
West Europeans Start Using Malls As Leisure Destination
Romanians go to malls to shop and spend their spare time and this trend has started to also take shape in Western European countries where people mainly go to malls for shopping, according t...
Winemaker Domeniile Ostrov 1H Turnover Up 20%, To RON9.5M
Romanian wine producer Domeniile Ostrov had a turnover of RON9.5 million in the first half of the year, up more than 20% from the same period last year, driven by investments in vineyards in...
Cargill And TTS To Invest EUR15M In Expanding Grain Terminal In Constanta Port
U.S. agri-food company Cargill and freight transport company Transport Trade Services (TTS) will invest EUR15 million in extending grain terminal Canopus Star in the Port of Constanta.
Iulius Group’s Malls Register Rental Revenues Of Over EUR29M In 1H
The five shopping centers owned by Romanian businessman Iulian Dascalu and his office center Palas Iasi generated aggregate rental revenues of EUR30.68 million in the first half of the year.
Thomas Cook Neckermann Wants To Promote Bucharest As City Break Summer Destination
Thomas Cook Neckermann plans to promote Romania’s capital Bucharest in Germany, UK, France and other countries as a city break destination in summer, when hotels are cheaper than the rest of...
Over 60,000 Tourists Expected In Romanian Seaside All Inclusive Hotels This Summer
Around 62,000 tourists are expected to spend their summer holidays in Romanian seaside resort all inclusive hotels, from 40,000 last year.
Competition Council Checks Dairy Product Makers
Romania’s antitrust body carried out checkups at the association of Romanian employers in the milk industry, or APRIL, targeting 14 of its members, in an investigation concerning possible an...