Retail&Consumer
Unirea Shopping Center 2012 Profit Surges 66% To RON5.8M
Romania’s Unirea Shopping Center (SCDM.RO) registered 5.4% higher turnover to 82.8 million lei (EUR18.6 million) and 66% higher profit to RON5.8 million on the year in 2012.
Albalact 2012 Net Profit Up 27%, To Pay Out Dividends For First Time In 14 Years
Romanian dairy maker Albalact (ALBZ.RO) reported 27% higher net profit on the year in 2012, to 7.3 million lei (EUR1.6 million) and it will pay out dividends to its shareholders in 2013 for...
Euromonitor: Toys & Games Sales In Romania Seen Up 10% To RON693.3M In 2013
Sales of toys and games in Romania might grow 10% to 693.3 million lei (EUR160 million) on the year in 2013, according to a study by market research firm Euromonitor.
Furniture Maker Lemet Opens Store In Craiova Following RON1.7M Investment
Furniture maker Lemet has opened its first store this year, in Craiova, following an investment of around RON1.7 million.
Luxury Lingerie Store La Perla Targets 8% Increase In Sales This Year
Luxury lingerie store La Perla targets an 8% increase in sales this year, from EUR280,000 in 2012, its first year on the Romanian market.
European Commission Revises Up Romania’s Wheat Production Estimate By 10%
Romania’s 2013 wheat production has been revised up in April by the European Commission to 5.8 million tons, a rise of almost 10% on the latest estimate made at the end of March.
Kaufland Opens Third Store In Galati, SE Romania
Retailer Kaufland Romania said it opened its third hypermarket in the city of Galati (south-eastern Romania) last week.
Praktiker 1Q Sales In Romania Down 6.5% On Year, To EUR21.6M
German do-it-yourself retail chain Praktiker Thursday said its net sales in Romania fell 6.5% to EUR21.6 million on the year in the first quarter of 2013, twice slower than the decline regis...
Benevo Capital Starts Construction Of Bucharest Mall Victoria City This Summer
Canadian-owned Benevo Capital said Thursday it will start the construction of shopping center Victoria City Lifestyle in Bucharest this summer.