Retail&Consumer
Carrefour Opens New Supermarket In N Romania
French group Carrefour will open its first supermarket in Botosani, northern Romania, Thursday, expanding its local supermarket network to 68 units.
Carrefour Drops No 1 Private Label
Retailer Carrefour, which has a network of 111 hypermarkets, supermarkets and convenience stores in Romania will drop its private label No 1 and replace it with another one of its own.
Electroarges May Pay Out Dividends Of RON4.4M For 2012
Romanian home appliance manufacturer Electroarges (ELGS.RO) may pay out a gross dividend of 0.0545 lei (EUR0.012) per share to its stockholders from the profit registered in 2012.
Ponta: Lowering VAT On Bread Requires Funds Of RON120M For 2H/2013
Reducing the value added tax on bread from 24% to 9% requires provisions of 120 million lei (EUR27.2 million) for the second half of the year, Romanian Prime Minister Victor Ponta said Monda...
Furniture Retailer Casa Rusu Opens New Franchised Store In NW Romania
Casa Rusu, the retail division of furniture maker Rus Savitar, on Friday opened its 13th local franchised store, in Dej, northwestern Romania.
PIC Hypermarkets Put Up For Sale As Takeover Deal Falls Through
Romanian insolvent hypermarket network PIC has been put up for sale by its legal administrator PricewaterhouseCoopers Business Recovery Services (PwC) after businessman Nicolae Sarcina quit...
FMCG Distributors Diversify Business, Launch Own Brands To Shelter From Economic Storm
Distributors of fast moving consumer goods broker sales of over EUR2 billion annually and cigarette distribution generates the highest business volume.
Ciolos: Romanian Farmers Pay The Price Of Others’ Irresponsibility In Milk Scandal
Romanian milk producers are the victims of an attack against the quality and safety of local products, but pouring milk on the fields is an extreme gesture of farmers that could go bankrupt...
Praktiker 2012 Sales In Romania Fell 6.6% To EUR142M
German do-it-yourself retail chain Praktiker Thursday said its sales in Romania fell 6.6% on the year to EUR142.3 million in 2012.