Retail&Consumer
Bucharest City Mall To Be Turned Into Office Building
Shopping center City Mall in Bucharest will be turned into an office building by the end of the year.
La Mama Restaurant Chain Estimates 10% Higher Turnover In 2013
Romanian company Trotter Restaurant, which controls the La Mama restaurant chain and the Cafepedia coffee shops, on Wednesday said it estimates 10% higher turnover in 2013.
Fornetti Romania Has New General Manager
Csaba Toth took over as general manager of pastry products company Fornetti Romania on March 1, the company said in a statement Tuesday.
INS: Romania Adjusted Retail Sales Up 4.3% On Month In January
Romanian adjusted retail sales rose 4.3% in January from the earlier month, on higher sales across the board, the statistics institute INS said Tuesday.
Visa: Household Spending In Romania Down 1% In 4Q/2012
Household spending in Romania dropped 1% in the last quarter of 2012, compared with the similar interval of 2011, after a 1% increase in the third quarter, according to a Visa Europe survey.
Fabryo And Atlas Paints Complete Merger, Eye 10% Higher Turnover In 2013
Paint and lacquer maker Fabryo, owned by Swedish investment fund Oresa Ventures, and Atlas Paints, the construction material division of Atlas Corporation, have completed their merger and es...
Heineken Romania 2012 Sales Up 13.2% On Year, To EUR266M
Dutch beer maker Heineken Monday said its sales in Romania rose 13.2% to 1.18 billion lei (EUR266 million) on the year in 2012, and sold volumes climbed 5%.
Kika Sales Up 3% In 2012, Slightly Below Target
Furniture and home accessories retailer kika, whose only store in Romania is located in Bucharest, saw sales up 3% last year, according to the estimates of its country manager Lars Lund.
Private Labels Break Supremacy Of Established Brands
Private labels, no-name products that have taken local commerce by storm in the past few years as the economic crisis hit and consumption declined, have now become top-selling brands in cate...