Retail&Consumer
Carrefour’s CEO: Romanians Wanted Imported Products Before The Crisis, Now They Want Locally-Made Ones
Francois Melchior de Polignac, the Frenchman who runs Carrefour Romania, says he is going ahead with expansion in 2013, keeping the past few years' pace.
Poultry Producer EuroAvi Sees Revenues Flat In 2013, Postpones Development Projects
EuroAvi group of Romanian farmers, which owns 11 poultry farms, a slaughterhouse and sells chicken as “Pui de Baragan” (“Baragan Chicken, named after the southeastern region of Romania where...
Olympus Dairy Aims 20% Higher Sales In 2013 At EUR55M
Greek-owned dairy maker Olympus Dairy Industry wants to increase its turnover on the Romanian market by over 20% in 2013 to EUR55 million, and the growth will be mainly supported by the deve...
Retailers Plan To Open More Than 150 Supermarkets In 2013
Supermarket chains are planning to open more than 150 stores this year, continuing the expansion trend of the last few years.
Tourist Arrivals In Romania Up 8% On Year In November 2012
Tourist arrivals in Romania rose 8% in November 2012 from the year-earlier month, while overnight accommodations were up 2.2% on the year, the statistics institute said Friday.
Insolvent Grand Arena Mall Announces New Major Tenant
Shopping center Grand Arena in southern Bucharest went insolvent at the end of last year as a result of the petitions of three construction companies. “We don’t owe a single leu,” say the ow...
Nestle’s General Manager Leaves Romania For Portugal. Another Expat Brought On Board
Nestle, one of the world’s largest food industry groups, has appointed Herve de Froment to manage Romanian operations as of January 1, according to market sources. He previously worked for N...
Some 100,000 Romanians Spent New Year Break In Local Resorts
About 100,000 Romanians celebrated the New Year in local resorts, up 30% on the year, and spent about 81 million lei (EUR18 million), 20% more compared with 2011, according to the federation...
2012’s Top Ten Events In Retail Sector
The year 2012 was rather busy for the Romanian retail sector, with bankruptcies, exits from the local market and changes in rankings. Also, towards the end of the year, French retailer Aucha...