Retail&Consumer
Roughly 46.4% In Argus Traded In Bucharest For RON40M
An aggregate stake of 46.35% in Romanian edible oil producer Argus Constanta (UARG.RO) was sold on the Bucharest Stock Exchange Friday in exchange for 39.8 million lei (roughly EUR9 million)...
BelRom’s Shopping Center In Focsani Enters Insolvency
The Bucharest Court admitted Thursday an insolvency request filed by Bel Rom Sapte, the firm through which Belgian group BelRom developed a shopping park in Foscani, eastern Romania.
Furniture Retailer Casa Rusu Invests EUR300,000 In Two Stores In Western Romania
Casa Rusu, the retail division of Timisoara-based furniture producer Rus Savitar, will open two stores Friday, in the western Romanian cities of Oradea and Arad, following an investment of E...
Carrefour Expands Proximity Store Network With Three Franchises
Carrefour Romania has expanded its proximity store network with three new franchised units in Bucharest, in partnership with retailers Angst and Gulliver.
ZF Bankers Summit ’13: Only Energy, Agriculture, Public Administration And EU-Funded Projects Are Bankable
Bankers are awaiting the return of economic growth before genuinely restarting lending, but they admit there are good some businesses worth more attention, even at this time, when there are...
Lidl To Open 160th Store In Romania Next Week
German retailer Lidl will open a new store in Romania next week, in Tragu Mures, expanding its local network to 160 units, Georgiana Tugearu, PR manager at Lidl, said Wednesday.
100 Largest Importers In Romania Account For 40% Of Total Imports
The 100 largest importers account for almost 40% of the total imports or more than EUR21 billion euros, according to the National Statistics Institute.
Ponta Says Romania Will Pass Decree Lowering VAT On Bread To 9% After July 1
Romanian Prime Minister Victor Ponta on Tuesday said the ordinance aimed at lowering the value added tax on bread from 24% to 9% would be adopted after July 1, because the government can mak...
Dairy Product Maker Olympus Expects Profit In Romania In 2013
Dairy product maker Olympus Dairy Industry estimates it will register net profit in Romania in 2013.