Retail&Consumer
FrieslandCampina Might Shut Down Plant In Cluj; Company Representatives Reject Rumor
Romanian dairy product maker Napolact, part of group Fries¬landCampina, might shut down its plant in Cluj county and relocate production to Targu Mures, local authorities said Wednesday.
H&M Romania Sales Up 38% In March-May, To EUR25.8M
Sales of fashion retailer Hennes & Mauritz (H&M) in Romania increased 38%, to SEK222 million (EUR25.8 million), in the second fiscal quarter (March-May 2013), while the company opened three...
Zara’s 2012 Profit In Romania Up 17% On Year To Over RON51M
Spanish-held retailer Zara registered profit of 51.4 million lei (EUR11.5 million) in Romania in 2012, up 17% on the year.
Heads Of Three Multinational Cereal Traders Step Down
Cezar Gheorghe, the CEO of Ameropa Grains (with EUR198 million sales last year), Victor Beznea, head of Nidera Romania (estimated turnover of EUR85 million last year) and Tsvetan Iliev, gene...
Italian Retailer Carpisa Opens Its Third Store In Romania
Italian bags and accessories retailer Carpisa will open its third store in Romania on Saturday, in shopping mall Baneasa Shopping City.
Top Dairy Makers See Profit Margins Of Only 2%-3%
Danone, FrieslandCampina and Albalact, the three largest dairy producers on the Romanian market, reported an increase in sales in lei in 2012, but profit margins remained low, at only 2%-3%,...
Kaufland Wants To Expand Network To 10 Stores In Bucharest
Kaufland, the leading retailer by sales in Romania, will speed up its expansion process in Bucharest in the next few years where it only has four of its 85 stores in the country.
GfK: Sales of Private Label Products On Upward Trend To Nearly 12% Of Market In 2013
Sales of private label products have been on upward trend in Romania over the past years, accounting for around 12% of Romania’s overall retail market, in volume, up three percentage points...
Spirits Market Up 12% In Value, But Flat In Volume In 2012
Romania’s spirits market, which has been affected by consumer spending decline over the past years, was flat in volume last year, but rose 12% in value, according to ZF’s calculations based...