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French Group Lactalis Rebrands Romanian LaDorna Cheese To President
Retail&Consumer

French Group Lactalis Rebrands Romanian LaDorna Cheese To President

French group Lactalis decided to replace the Romanian LaDorna cheese brand with President, one of the most renowned brands in the European cheese industry.

Ioana Tudor · 27.05.2013 · 17:57 · 1 min
REWE To Invest Over EUR100M In Next 2 Years To Extend Its Romanian Store Network
Retail&Consumer

REWE To Invest Over EUR100M In Next 2 Years To Extend Its Romanian Store Network

German discount retailer REWE has planned investments of over EUR100 million in the next two years to open new Penny and XXL Mega Discount stores in Romania and modernize existing units.

Ecaterina Craciun · 27.05.2013 · 15:05 · 1 min
Diverta Expects Sales Of EUR13M This Year, Hopes To Return To Profit
Retail&Consumer

Diverta Expects Sales Of EUR13M This Year, Hopes To Return To Profit

Romanian bookstore chain Diverta estimates sales of EUR13 million this year, from EUR12 million in EUR12 million in 2012, and hopes to switch to profit, owner Octavian Radu said Monday.

Oana Gavrila · 27.05.2013 · 14:55 · 1 min
Six Of Ten Romanian Households Shop At Discount Stores - GfK Survey
Retail&Consumer

Six Of Ten Romanian Households Shop At Discount Stores - GfK Survey

More than half of Romanian households have shopped at discount stores at least once, and the average shopping frequency in such stores is twice a month, according to a GfK Romania survey rel...

Oana Gavrila · 27.05.2013 · 12:28 · 1 min
Romanian Firms Dominate Local Footwear Market
Retail&Consumer

Romanian Firms Dominate Local Footwear Market

Romanian companies continue to dominate the local footwear market, yet, foreign companies have grown in the past few years, opening more and more stores and aiming for the top spot.

Ecaterina Craciun · 27.05.2013 · 00:00 · 2 min
Militari Shopping Center's 1Q Net Rental Income Falls 2.1% On Year To EUR1.65M
Real Estate

Militari Shopping Center's 1Q Net Rental Income Falls 2.1% On Year To EUR1.65M

Property firm Atrium European Real Estate said Friday its net rental income from the Militari Shopping Center in Bucharest fell 2.1% on the year to EUR1.65 million in the first quarter of 20...

Ioana Tudor · 24.05.2013 · 11:36 · 1 min
Unilever: We Managed To Offset Rise In Raw Material Prices And Leu Depreciation
Companies

Unilever: We Managed To Offset Rise In Raw Material Prices And Leu Depreciation

Raw material prices and the depreciation of the domestic currency were the factors that affected the business of Unilever in Romania last year.

Oana Gavrila · 24.05.2013 · 08:34 · 2 min
Marelvi 2012 Sales Steady At EUR38M
Retail&Consumer

Marelvi 2012 Sales Steady At EUR38M

Romanian household appliance wholesaler Marelvi Impex Radauti registered sales of about EUR38 million in 2012, slightly up from EUR37.6 million in the previous year.

Ioana Tudor · 23.05.2013 · 14:59 · 1 min
Shareholders Of Real Approve Transfer Of Shares To Auchan
Retail&Consumer

Shareholders Of Real Approve Transfer Of Shares To Auchan

Real, - Group Holding, the owner of Real hypermarkets, has approved the transfer of shares of Real stores in Romania to Auchan Romania at the end of April, according to a decision published...

Oana Gavrila · 23.05.2013 · 08:47 · 1 min