Retail&Consumer
Romanian Tudor Personal Tailor Expands To Monaco
Tudor Personal Tailor, a Romanian business worth EUR1 million, is expanding internationally after only three years of activity, by opening a store in Monaco at the end of 2013.
How Many Of Planned Malls Will Actually Be Built In Bucharest?
Foreign investors have paid more than EUR400 million in the last six or seven years for plots to develop ten new shopping centers in Bucharest, but the market cannot take that many investmen...
Romania’s Low Agricultural Yields Due To Tractor Density
The agriculture sector, which generates 6% to 7% of Romania's gross domestic product, has a density of only 20 tractors per 1,000 farmers. This is seventy times lower than France, the Europe...
Patrascu, evomag.ro: Online Commerce Has Great Potential In Romania
The online commerce has great potential on the Romanian market, considering that it accounts for only 3%-4% of the traditional commerce, Mihai Patrascu, general manager of online retailer ev...
Heidi Chocolat Owner Buys Sweets Maker Niemetz
Heidi Chocolat, one of the two Romanian businesses Austria’s Meinl family owns, has bought sweets and confectionery producer Niemetz based in Austria. This is the first acquisition abroad by...
Shopping Center Cocor Gives Up Luxury, Seeks To Attract The Young
Shopping center Cocor in central Bucharest, which in 2010 sought to establish itself as a luxury shopping destination after an almost EUR25 million renovation, is now looking to reposition i...
Agrana’s Romanian Profit 42 Times Lower Than In 2011
Sugar processor Agrana Romania (BETA.RO), ended last year with revenue of EUR275 million and net profit of merely EUR0.5 million, 42 times lower than in 2011, a record year for the agricultu...
Consumption Of Soft Drinks And Mineral Water Returns To Growth
Romanians now consume 2.8 billion liters of soft drinks and of bottled mineral water per year, over 20% more than in 2005. Consumption per capita has reached around 130 liters. Last year the...
Paint And Coating Market Operates At 30% Capacity
The paint and coating market ended last year in decline, as it kept relying on renovation work paid for with public and private funds. After four years of decline, the companies are now sayi...