Retail&Consumer
High Demand Prompts Mega Image To Stop Looking For Franchisees
Mega Image, the retailer with the largest network (over 200 stores) in Romania, has halted selection of franchisees for its convenience store chain Shop&Go.
Owners Of Comtesse Du Barry Open First Whisky Store In Romania, Plan More Openings
Businessman Cristian Preotu, who together with his wife owns the Comtesse du Barry stores (specializing on the premium wine and cuisine) and La Boucherie Francaise (luxury butchery), opened...
Meat Processor Doly-Com Continues To Rely On Beef Exports
Romanian meat processor Doly-Com Botosani on Wednesday said it will continue to rely on its beef exports toward international markets, considering that beef exports accounted for 30% of the...
Profi Targets 20% Higher Sales In 2013 Vs RON1B In 2012
Retailer Profi, controlled by Polish private equity firm Enterprise Investors, reported sales of over RON1 billion (EUR0.22 billion) in 2012, compared to RON934 million in 2011, and targets...
Romania’s Applying Lower VAT On Bread Depends On Reverse Taxation For Cereal
Romania’s Government will decide whether to apply a lower sales tax, of just 9% instead of 24%, on bread alone or the entire wheat-bread chain depending on the European Commission’s plans re...
Ambient Sibiu 2012 Turnover Up 14% On Year, To RON667M
Romanian building materials distributor Ambient Sibiu on Tuesday said its turnover rose 14% to 667 million lei (EUR150 million) last year and it switched to profit after losses of RON17 mill...
Adjusted Retail Sales Down 2% On Month In February
Romanian adjusted retail sales fell 2% in February from the earlier month, on lower sales across the board, the statistics institute INS said Tuesday.
Kaufland Tests Smaller Store Format
Kaufland, the largest retailer in Romania, will be testing a new store format of about 2,000 square meter retail area, the same as used by a large supermarket.
Price Of Romanian Corn Fell 30% In Past Three Months
The price of corn has fallen to 800 lei/ton (EUR180/ton) in Romania, 30% less than three months ago and the trend points to further declines in the coming period.