Retail&Consumer
Titan Swings To RON6.8M Loss In 2012 Fiscal Year
Romanian milling and bakery company Titan (MPN.RO) Monday reported a loss of 6.4 million lei (EUR1.4 million) in fiscal year 2012 ended September 30, one third higher than the preliminary re...
Romania Might Cut VAT On Bread In 2013
Romania’s Government wants to apply a pilot-project to lower VAT on bread from 24% to 9% in 2013, Prime Minister Victor Ponta said Monday.
JTI Names New GM For Romania, Moldova And Bulgaria
Cigarette producer Japan Tobacco International (JTI) has appointed Charlie Cunningham-Reid as general manager for Romania, the Republic of Moldova and Bulgaria to replace Neil Coupland.
Austrian Tourists Spent Over EUR52M In Romania Last Year, Up 15%
Over 218,000 Austrian tourists visited Romania in 2012, nearly 14% more than in 2011, and spent an estimated EUR52 million in the country, said Simion Giurca, head of the office promoting Ro...
Sorina Placinta: Gucci Pays Depending On How Long It Takes To Make A Blouse
Sorina Placinta, shareholder of clothing manufacturer Sorste and former youth and sports minister, says the production price of a blouse is determined based on how long it takes to manufactu...
Penny Market XXL Renamed XXL Mega Discount, As Of Thursday
Discount retail chain Penny Market XXL, part of Germany’s Rewe group REWE, was renamed XXL Mega Discount of of Thursday, providing a wide range of products and services, the group said in a...
Employers Will Seek To Hire Staff In IT/Telecom, Sales, Engineering And Finance This Year
Companies in IT/Telecom, sales, engineering and finance will be the biggest employers in Romania this year, according to an analysis by recruitment website BestJobs.ro achieved based on labo...
Inditex To Hire 250-300 People In 2013
Inditex group, the owner of the Zara brand and leader of the Romanian fashion market will hire 250 to 300 people this year, for a total of almost 1,500, industry sources say.
Retail Sales Bounce Back In November
Romanian adjusted retail sales rose 2% in November from the earlier month, on higher sales across the board, the statistics institute INS said Tuesday.