Retail&Consumer
Multinational Chains Dominate Romanian Retail
Romanian modern retail is dominated by foreign networks, which boast annual sales of EUR8.5-EUR9 billion. No local entrepreneur manages to compete against Kaufland, Lidl and Carrefour, and n...
Carmolimp Starts Exporting Premium Products This Year To UK, Germany, Belgium
Romanian meat producer and distributor Carmolimp will start exporting premium products this year to the UK, Germany, and Belgium, and estimates a 10% rise in sales.
Albalact Expects 90% Higher Profit In 2013
Romanian dairy product maker Albalact (ALBZ.RO) expects net profit of 13.86 million lei (EUR3.2 million) in 2013, up 90% on the year.
McDonald’s To Buy Land Of Its Craiova Restaurant
McDonald’s, the largest player on the Romanian restaurant market, with turnover of EUR94 million in 2011, will buy an almost 2,000 square-meter plot from the Craiova City Hall. The company h...
Modern Retailers Hired Over 5,500 People In 2012
Eight modern retailers hired more than 5,500 people last year, according to ZF data and the top employers were hypermarket chains Auchan and Kaufland, followed by supermarket network Profi....
Lactate Natura Expects Switch To Profit Of RON1.94M In 2013
Romanian dairy product maker Lactate Natura expects it will switch to profit of 1.94 million lei (EUR0.44 million) this year, after losses of RON0.481 million in 2012.
Photo-Video Retailer F64 Studio Sales Rose 25% Over Past Weeks
Photo and video equipment retailer F64 Studio said Thursday it registered 25% higher sales over the past weeks.
Lactag 2012 Sales Up 25% On Year To RON19.5M
Romanian food company Lactag, which owns a dairy plant and 17 convenience stores, registered sales of 19.5 million lei (EUR4.5 million) in 2012, up 25% on the year.
Romanian Beer Sales See Record Growth In February
Beer sales in Romania rose 26% on the year in February, to 920,000 hectoliters, according to ZF’s calculations based on data from the statistics institute.