Retail&Consumer
Lidl, Penny Market May Post EUR1B Sales In 2012
Discount retail chains Lidl and Penny Market could reach sales of around EUR1 billion this year, after they opened 40 new stores in 2012 compared with cumulated turnovers of a little over EU...
Dragos Dinu, Domo: I Like Retail And Have A Tremendous Affinity For Local Brands
Dragos Dinu, recruited by electronics, home appliances and computer retailer Domo for its board of directors, says he accepted the proposal he got from chief executive Lorand Szarvadi becaus...
What New Hotels Opened In Bucharest In 2012
Three new hotels opened this year in Romania, following overall investments of more than EUR33 million over several years.
2012’s Top 10 Events In Agribusiness
2012 was one of the most exciting years for the investors in the agribusiness sector, with the drought messing up all estimations from the start of the year, which were nevertheless counterb...
Mega Image Opens Seven New Stores Saturday And Sunday
Mega Image, part of Belgian group Delhaize, is opening four Shop&Go stores and three Mega Image stores, Saturday and Sunday, bringing its Romanian network to 193 units, the retailer said Fri...
Perfect Tour 2012 Turnover Rises To Some EUR30M
Romanian tour operator Perfect Tour on Friday said this year's turnover will reach nearly EUR30 million, up 20% to 25% from 2011.
2013 Brings New Challenges, Including Electricity, Natural Gas Price Increases
Romanians will face new challenges next year when several measures approved by the local authorities will take effect, most concerning price increases.
Furniture Maker Cotta International Arad Expects 4% Higher Turnover In 2013
Furniture maker Cotta International Arad estimates a 4% rise in turnover in 2013, similar to this year’s increase, after signing 420 contracts already with various clients in Europe.
Hypermarket Operators Invested Some EUR150M In New Units This Year
The five hypermarket operators present in Romania opened 14 stores in 2012 and closed two, and investments in the new units exceeded EUR150 million, according to ZF estimates.