Retail&Consumer
Auchan Romania Gross Sales Exceed EUR500M In 2012
French retailer Auchan said Friday it registered gross sales of 2.353 billion lei (EUR528 million) in Romania last year.
End Of The Line For Poiana Sweets Plant In Brasov
Mondelez Romania, the former Kraft Foods, one of the largest sweets businesses in this country, is getting ready to sell the one hectare plot of land and one of the two facilities of the Poi...
Insolvent Fornetti Wants To Open 120 New Stores
Insolvent pastry shop chain Fornetti plans to open 15 stores a month by the end of the year so as to reach a total of 120 new units in late 2013, says chief executive Csaba Toth.
Retailer Flanco's Easter Sales Top RON20M, Up 20% On Year
Romanian electronics and appliances retailer Flanco reported sales of over 20 million lei (EUR4.6 million) during the Easter period this year, up 20% from the same period in 2012.
Hugo Boss Sales Down 10% To EUR1.5M In Romania
Romania’s luxury market started suffering from the crisis as late as last year, after having previously remained unaffected by consumer spending and the difficult economy, says Andrei Alecu,...
Porumboiu Builds New EUR6M Bread Plant
Farming and food industry group Racova owned by businessman Adrian Porumboiu will start construction of a new bread plant in Vaslui (NE Romania) in the next few months.
INS: First-Quarter Adjusted Retail Sales Inch Up 0.8% On Year
Romanian adjusted retail sales edged up 0.8% in the first quarter of 2013 compared with the year-earlier period, fueled by higher sales in most sectors, the statistics institute INS said Wed...
Kraft Foods Romania Changes Name To Mondelez Romania
Kraft Foods Romania, which sells coffee, chocolate, and biscuits, changed its name to Mondelez Romania as of April 25, part of its parent group’s global strategy.
Micula Brothers’ Business Back To 2002 Level
European Food&Drinks group based in Bihor County (northwestern Romania), the largest food industry business of the country in 2007-2008, posted EUR386 million revenue in 2011. The amount in...