Retail&Consumer
British American Tobacco Expands Romanian Facility In EUR23M Investment
Cigarette maker British American Tobacco (BAT) is expanding its production facility in Ploiesti, southern Romania, in a EUR23 million investment.
Lemet 1Q Sales Up 21% On Year To RON36.5M
Romanian furniture maker Lemet registered sales of 36.48 million lei (EUR8.4 million) in the first quarter of 2013, up 21% on the year, supported mainly by its store network expansion.
Farmec Cluj-Napoca 1Q Sales Up 9% On Year, To RON28.9M
Romanian cosmetics maker Farmec Cluj-Napoca on Tuesday said its first-quarter sales rose 9% to 28.9 million lei (EUR6.7 million) on the year in the first quarter of 2013, in line with its in...
Carmolimp Opens Restaurant In Central Romania In EUR500,000 Investment
Romanian meat producer and distributor Carmolimp has opened a new restaurant in central city of Brasov, called Beraria Ciucas, following an investment of EUR500,000.
Price Increases Keep Annual Detergent Consumption Below 5 Kg/Capita
Each Romanian bought 4.8 kilos of detergent last year, for which they paid an average of 42 lei, with the price rising almost five percent between 2010 and 2012.
Stirom Posts 1Q Loss Of RON1.4M, Turnover Down To RON37.3M
Romanian glass container producer Stirom Bucharest (STIB.RO) posted a turnover of 37.3 million lei (EUR8.5 million) in the first quarter, down 3% from the first quarter of 2012, and losses o...
Dedeman To Open New Store In Galati Friday
Do-it-yourself retail chain Dedeman will open a new store Friday in Galati, bringing its network to 31 units.
EuroAvi Hopes For Profit On Good Grain Harvest
Poultry processor EuroAvi based in Calarasi, southern Romania, expects to turn a profit this year after high feed prices brought its profit down to almost zero in 2012.
Wine Sector Prepares For New Difficult Year, Producers Blame It On Low Purchasing Power
Winemakers expect this year to be another difficult year and for consumption to decline after a first quarter where customers did not spend very much and the market felt the “pressure of win...