Retail&Consumer
Domo Gets New Owner, CEO
Electronics, home appliances and computer retailer Domo was taken over by investment fund Domtech and has a new chief executive officer, Dragos Dinu.
CBRE: Modern Retail Space Stock To Climb 6% In Next Two Years
The stock of modern retail space in Romania will increase 6% in the next two years, from 2.7 million square meters at the end of 2012, according to real estate consulting firm CBRE Romania.
Romania December Retail Sales Fall At Fastest Pace In EU
Romanian retail sales fell 3.2% in December from the previous month, the largest decrease in the European Union, official data showed Tuesday.
P&G Romania Has New General Manager
U.S. group Procter&Gamble (P&G) has appointed Hans Dewaele as general manager of its operations in Romania and the Balkans, replacing Sotirios Marinidis, who took over the position of P&G Ru...
Jidvei Relies On Expensive Wines For Growth
Jidvei, one of the largest wine producers in Romania, is focusing on the premium and superpremium wine segment, which local players are only now starting to tap into.
IKEA In Talks With Era Shopping Park Owners To Open Store In Iasi
Representatives of Era Shopping Park in Iasi (northeastern Romania) are negotiating with Swedish furniture retailer IKEA the opening of a store, and the deal is likely to be concluded this y...
De'Longhi Romania To Hike Share Capital By EUR6.13M
Household appliances producer De'Longhi Romania decided in stockholders’ meeting in January to increase the company’s share capital by EUR6.13 million, from EUR45.
Danone Names New Corporate Affairs Head For SE Europe
Danone Romania, a unit of French food group Danone, Monday said it named Cristina Popescu as the company’s corporate affairs head for southeastern Europe.
Strauss Romania GM To Run Group’s Operations In Central & Southern Europe
The general manager of Strauss Romania, Marius Melesteu, has taken over as general manager for Central and Southern Europe of Strauss Group, starting February 1, the company said in a statem...