Retail&Consumer
Romania Exports $1.4B Worth Of Shoes A Year
Romania exported 57 million pairs of shoes worth $1.4 billion in 2011, which puts it on the 14th position among world’s largest footwear exporters.
Owner Of Shopping City Sibiu Takes NEPI, Volksbank To Court
Investment fund Argo Real Estate, which owns four shopping centers in Romania, has started legal proceedings against Austrian lender Volksbank and South-African investment fund New Europe Pr...
Carrefour Romania Opens New Supermarket In Buzau
French retailer Carrefour will open a new supermarket Saturday, in Buzau (southeastern Romania), its second unit in the city and its 69th in Romania.
Mohammad Murad Opens Five-Star Romanian Seaside Hotel In EUR5M Investment
Lebanese businessman Mohammad Murad, owner of the Phoenicia hotel chain, will open a five-star all inclusive hotel in Navodari seaside resort on Saturday, following an investment of around E...
Shopping Malls Worth EUR600M Insolvent, Closed Or Left Unfinished
Eleven shopping centers in Romania went insolvent or ceased activity and constructions on ten other shopping mall projects were halted after investing millions of euros already, which do not...
Lasselsberger Plans To Make 1 Mln Square Meters Of Porcelain Tiles In 2013
Lasselsberger, the owner of ceramic wall and floor tile brand Cesarom, says it will manufacture about one million square meters of porcelain tiles in its Cluj-Napoca plant by the end of 2013...
Luxury Entrepreneur Says Bucharest Will Become Hub For Southeastern Europe
Srdjan Kovacevic, the Serb entrepreneur who opened the way for the luxury market in Romania and who brought brands such as Max Mara, Ermenegildo Zegna and Emporio Armani to Bucharest’s main...
Two Businessmen Want To Sell 20 Ha Of Land In Timisoara For EUR17.5M
Romanian businessmen Emil and Marius Cristescu, owners of group Bega, want to sell several plots of land in Timisoara, with an area exceeding 20 hectares, and the buildings located on them.
Hochland Romania’s Plants Generated Profit Of RON6M In 2012
Hochland Romania, one of the largest players on the local dairy product market, registered turnover of 197 million lei (EUR44 million) in 2012, steady on the year in lei.