Retail&Consumer
Herbalife Romania 2012 Sales Up 32% On Year To Over RON51M
Global nutrition and weight management company Herbalife reported 32% higher sales in Romania to over RON51 million (EUR11.4 million) on the year in 2012, due to an increase in the number of...
GTC Buys 30% In Three Malls For EUR1
Israeli-held real estate developer GTC bought a minority shareholder out of three Galleria malls for EUR1.
Farmers Set To Harvest EUR4.5B Worth Of Grains
Romanian farmers will harvest between 18 and 19 million tons of grains in 2013, 50% more than last year, but nowhere near the 40 million-ton production potential of local agriculture.
GTC Romania Retail Assets' Value Down Significantly in 2012
The value of retail assets of Israeli-owned real estate developer Globe Trade Center (GTC) has decreased by over EUR500 million since 2009, with Romanian properties accounting for the highes...
Smithfield Foods Sales In Romania Up 3% In May '12-Jan '13, To Over $190M
U.S. pork producer and processor Smithfield Foods said its sales in Romania rose 3% in the first nine months of fiscal year 2013 (May 2012- January 2013) to $190.5 million from $184.3 millio...
P&G Puts Romanian In Charge Of Its Largest Plant In Europe
Procter&Gamble has appointed Adina Pascu as chief executive of its largest production facility in Europe.
Tommy Hilfiger Group Opens 8th Store In Romania
Apparel and retail group Tommy Hilfiger has opened its eighth store in Romania, in shopping center Iulius Mall Timisoara.
C&A To Open Five Stores This Year In Romania
Dutch retailer C&A, one of the largest players on the European fashion market, will open 4-5 new stores this year in Romania, in capital Bucharest and elsewhere.
H&M Opens Store In Baia Mare
Swedish fashion retailer Hennes & Mauritz (H&M) will open a store in Baia Mare (northern Romania) Thursday, the company said on its website.