Retail&Consumer
Danone Invested Over RON300M In Romania Since 1998
The investments of French food group Danone in Romania amounted to about 18 million lei (EUR4 million) in 2012, up over 10% on the year, and its sales on the local market remained steady at...
Iasi Among World’s Most Attractive Cities To Retailers In 2012
The Romanian northeastern city of Iasi ranks 12th among 208 cities regarding the number of new retailers entering the market in 2012, according to a survey conducted by real estate consultin...
Mega Image Opens Four Stores This Week, Reaching A Network Of 222
Retailer Mega Image, part of Belgian group Delhaize, is opening two Shop&Go stores in Pitesti and Bucharest, and two Mega Image supermarkets in Ploiesti and Bucharest, on Wednesday and Thurs...
eMAG.ro Sales Up 13.8% In 2012, To EUR165M
Sales of Romanian online store eMAG.ro rose 13.8% last year to EUR165 million, Iulian Stanciu, general manager of site administrator Dante International, said Wednesday.
Orkla Foods Romania Eyes 10% Higher Sales In 2013
Orkla Foods Romania, the local division of Norwegian conglomerate Orkla Foods, targets 10% higher sales this year after the company’s 2012 turnover exceeded the 2007 level and reached EUR39...
Modern Retailers In Romania See Lower Sales Per Store In 2012 Despite Overall Sales Growth
Sales of modern retail chains in Romania saw a 3% increase to EUR6.77 billion in 2012, backed by the opening of more than 100 new stores. Although total sales saw a slight increase, sales pe...
Hotel Consultant: Romanian Tourism Needs Major Investments
Romania’s tourism sector needs major investments because its accommodation capacity, from student camps to five-star hotels, is below 2% of the country’s population, hotel consultant Paul Ma...
Carrefour Romania Opens New Express Convenience Store In Bucharest
French retailer Carrefour has opened a new Express store in capital city Bucharest on Tuesday, and expanded its local convenience store network to 24 units.
Penny Market Stores Bleeding Red For The First Time In A Decade
Rewe Romania, the company that operates Penny Market and XXL Mega Discount stores, ended 2012 with losses of 6.6 million lei (EUR1.5 million), the first year in a decade when the company's n...