Retail&Consumer
Remedia Deva Bets On Cosmetics And Partnerships For Profit
The management of pharmaceuticals wholesaler Farmaceutica Remedia Deva (RMAH.RO) controlled by businessman Valentin Norbert Tarus, expects pressure on profitability margins to continue in th...
Titan’s Net Profit Fell 43% In 4Q/2012, To RON1.3M
Romanian milling and bakery company Titan (MPN.RO) registered net profit of 1.3 million lei (EUR0.29 million) in the last quarter of last year, down 43% from RON2.3 million in the similar in...
Romanian Restaurants Sell Annually Over 20,000 Expensive Wine Bottles -Importer
Romanian restaurants annually sell over 20,000 wine bottles worth more than EUR100 per piece, according to Bogdan Ciocoveanu, business director with Lerida International, the largest wine im...
Volume Of Coca-Cola Sales In Romania Up 1% In 2012
The sales of Coca-Cola Hellenic in Romania increased 1% in 2012 to 162.7 million cases of beverage, Coca-Cola's largest European bottling company said Thursday.
Iulius Group 2012 Revenue Rises To EUR55.6M
Romanian realty developer Iulius Group, owned by businessman Iulian Dascalu, Thursday said it registered revenue of EUR55.6 million in 2012, from its four Iulius Mall shopping centers and th...
Black Friday, Christmas Discounts Lift Durable Consumer Goods Market In 2012
The Romanian durable consumer goods market climbed 2% in 2012 to EUR1.4 billion, helped by a 10% increase in the last quarter of the year driven by Black Friday and Christmas discounts, acco...
H&M To Open Store In Uvertura Mall Botosani This Spring
Swedish fashion retailer H&M will open a store in Botosani this spring, in shopping center Uvertura Mall, expanding its Romanian network to 24 units, Uvertura Mall Botosani said in a stateme...
Carrefour: Romania Fares Better Economically Than European Average
Representatives of French retailer Carrefour, which has a network of over 110 stores in Romania, say they expect a difficult year in Romania as the financial crisis lingers, but that the loc...
Asus: Mostly Gamers And People On Tight Budgets Buy Desktop Computers
More and more people are going for tablets and laptops when it comes to new purchases and the only ones buying desktop PCs are those who either need significant processing power or those on...