Retail&Consumer
Pepsico Turns To Losses For The First Time In Ten Years
Quadrant – Amroq Beverages, the bottler of PepsiCo in Romania, last year turned to losses for the first time in more than a decade. The company posted a loss of 66 million lei (EUR15 million...
Drugstore Chains Catena And Help Net Stayed Profitable In 2012, Sensiblu And Dona Switched To Loss
Drugstore chains Catena and Help Net are the only large chains in Romania that stayed profitable last year, with EUR8 million and EUR1.5 million respectively, while Sensiblu and Farmaciile D...
Palas Iasi Turnover At EUR16M In First Operating Year
Shopping and office center Palas Iasi, owned by businessman Iulian Dascalu, had sales of around ERUR16 million in its first operating year, as its retail area is 97% filled and its office sp...
Romanians Buy An Average 200-300 Grams Of Cold Cuts Three Times A Week
Romanians buy 200-300 grams of cold cuts three times a week, on average, and consumption peaks in the fall, according to local meat processor Meda.
Top 50 Largest Employers In Romania In 2012
The 50 largest employers in the economy had a total of over 350,000 employees last year, i.e. 8% of the total number of employees in the economy, shows data centralized by ZF based on inform...
German Consumer Goods Distributor Lekkerland Shuts Down Romanian Operations
German consumer goods distributor Lekkerland, which supplies consumer goods to convenience stores and gas stations, has shut down its operations in Romania after seven years in business.
Mega Image To Open Two New Stores In Romania Wednesday
Retailer Mega Image, part of Belgian group Delhaize, will open two Shop&Go stores Wednesday, in Brasov and Bucharest, expanding its local network to 228 units.
Avon’s Turnover Falls To Lowest Level In Eight Years, But Sees Single-Digit Growth In 2013
Avon Romania, the largest retailer of direct sales cosmetics on the Romanian market, ended last year with turnover of EUR98 million, the lowest since 2005, amid a decline in the consumption...
Unilever And Henkel, Only Major FMCG Companies To See Growth
With less than five kilos of detergent, 1.5 tubes of toothpaste and four bars of soap used per capita/year, which puts the country at the bottom of the European ranking, the only way for Rom...