Retail&Consumer
EU Denies Romania New Extension On Reverse Taxation System On Cereal
The European Commission has rejected Romania’s request to continue applying a reverse taxation system on cereal beyond June 1 this year, saying the procedure must not be used systematically...
Constantin: High Production Costs In Romania Boost Food Prices
Agriculture Minister Daniel Constantin on Friday said production costs in Romania for meat, vegetables and fruits are higher compared to costs in some European countries, which makes import...
Studio Moderna Opens Dormeo Home Store In AFI Cotroceni In EUR100,000 Investment
Slovenian company Studio Moderna, the largest television shopping organization in Central and Eastern Europe, opened Friday the first Dormeo Home store in Europe, in shopping center AFI Pala...
Deichmann Romania Sold Nearly EUR50M Worth Of Shoes Last Year
German footwear retailer Deichmann sold 2.33 million pairs of shoes in Romania last year, posting a gross turnover of 217.7 million lei (EUR49.2 million), 29% higher than in 2011, the compan...
Ergun Ergen Consults On Mall On Former Tractorul Site In Brasov
Ali Ergun Ergen, a Turkish executive who has been involved in the development and running of three of the first four malls built in Bucharest, has taken an advisory role for the Coresi proje...
Moldovan Company Gets Levi’s Franchise For Romania
Aridon, a company from the Republic of Moldova, has bought the franchise rights for Romania for fashion brands Levi’s, CELIO* and OODJI which it plans to develop on the Romanian market.
Shoe Retailer Benvenuti: March Was Slowest Month In 19 Years
March was the slowest month in nineteen years since Dan Pavel, founder and majority shareholder of footwear and accessories retailer Benvenuti started out in the retail business.
Romanita Makes EUR15M Worth Of Clothing For H&M And Zara
Romanian company Romanita, based in southern town of Caracal, makes 12,000 to 15,000 items of clothing daily for fashion retailers H&M, Zara and C&A.
Octavian Radu Drops Debenhams, Exits Fashion Business
Businessman Octavian Radu, whose fashion business included more than ten franchised brands during Romania's retail boom days, will leave the industry after dropping Debenhams and closing the...