Retail&Consumer
Three U.S. Agribusiness Companies Registered Aggregate Loss Of EUR20M In Romania In 2012
U.S. agribusiness companies Alfred Toepfer, Bunge and CHS registered combined loss of EUR20.3 million in Romania last year, according to Finance Ministry data.
Top 15 Online Computer And Electronics Retailers Post EUR283M Revenue
The 15 largest online computer and electronics retailers posted a little more than EUR283 million revenue together in 2012 and employed 814 people.
Romania’s Mall Ranking Remains Unchanged At The Top
The top performers among malls by revenue per square meter are Baneasa Shopping City, AFI Palace Cotroceni, Iulius Cluj, Bucuresti Mall, City Park Constanta and the Orhideea complex, whose r...
Billa Opens New Supermarket In Brasov, Central Romania
German supermarket chain Billa, part of the Rewe retail group, will open Tuesday its third supermarket in Brasov, central Romania, reaching a national network of 73 stores, the retailer said...
Retailer Real Reduced Loss In Romania By 39% In 2012, Auchan Switched To Profit
The Romanian hypermarket network of German retailer Real reduced loss by 39% in 2012 to 73.5 million lei (EUR16.5 million), while French retailer Auchan, switched to profit of RON3.3 million...
Online Shopping Increases UPS Romania’s Turnover
U.S. global package delivery company UPS registered a 15% increase in the volume of deliveries from Romania in the first quarter of 2013 compared with the similar interval a year ago, accord...
Pambac Borrows EUR8.5M To Buy Wheat
Romanian Bacau-based bread producer Pambac borrowed EUR8.5 million to buy about 50,000 tons of wheat, Catalin Grigoriu, the general manager of the company, said.
Low Prices Generate High Profit For Kaufland
Kaufland, a retailer that operates 85 discount hypermarkets in Romania, has consolidated its market leader position and ended 2012 with revenues of 6.44 billion lei (EUR1.46 billion), up 15%...
Jidvei Expects Sales To Go Up This Summer And Fall
Jidvei, one of the largest local winemakers, saw flat sales in the first half of 2013 compared with the same interval a year ago and its officials expect growth in the summer/fall season.