Retail&Consumer
Antitrust Body Looks Into Expur’s Takeover Of Vegetable Oil Brands From Cargill
Romania’s antitrust body announced Monday it was looking into the takeover by oilseed processor Expur of two vegetable oil brands and the production equipment at the vegetable oil plant in P...
Danone Romania Withdraws Aflatoxin-Tainted Dairy Products, Blocks 75 Tons In Warehouse
Danone Romania, a unit of French food group Danone, Monday said it will withdraw from the market some of its products that may contain traces of aflatoxin-contaminated milk and block in stor...
Hornbach To Open New Store In Bucharest; Construction Works Might Start In 2014
Do-it-yourself retail network Hornbach will open its sixth Romanian store in Bucharest and construction works might start in 2014 at the earliest, Mugurel-Horia Rusu, the general manager of...
Mega Image Opens Two New Stores In Bucharest
Retailer Mega Image, part of Belgian group Delhaize, will open two Shop&Go stores in capital city Bucharest Friday and Saturday, expanding its national network to 205 units.
Mihai Turcanu Steps Down As Food Safety Chief Amid Food Scandal
Mihai Turcanu has resigned from the position of president of Romania’s National Sanitary-Veterinary and Food Safety Authority (ANSVSA) following the scandal involving aflatoxin-tainted milk,...
Profi To Become 2nd Largest Modern Retail Network in Romania - CEO
Profi will become Romania's second largest retail network from April, after the country’s antitrust watchdog on Wednesday approved Profi's takeover of the six-store chain of Cluj-based compa...
Militari Shopping Center's 2012 Net Rental Income Down 2% On Year To EUR6.4M
Property firm Atrium European Real Estate on Wednesday said its net rental income from retail park Militari Shopping Center in Bucharest declined 2% to EUR6.4 million on the year in 2012, du...
Competition Council Clears Alimrom’s Store Network Takeover By Profi
Romania's antitrust watchdog on Wednesday said it has approved the transaction whereby retailer Profi took over the six-store network of Cluj-based company Alimrom Trading.
Winmarkt Rental Revenues Fell In 2012 As Many Retailers Went Insolvent
Revenues obtained by Italian company Immobiliare Grande Distribuzione (IGD) from renting its 15 Winmarkt shopping centers in Romania dropped 5.3% last year to EUR11 million, impacted by inso...