Retail&Consumer
Holiday Overcrowding Still Occurs Despite Bucharest’s Numerous Stores
Although one quarter of the almost 1,000 modern food retail units are located in Romania’s capital city Bucharest, in the winter holiday period long lines form in most supermarkets. On avera...
Beer Sales Up 5% in January-October
Beer sales went up 5% in the first ten months of 2012 on the year-ago period, according to a ZF's calculations based on the National Statistics Institute (INS) data.
Larger Romanian Companies Went Insolvent In 2012
Mic.ro, Hidroelectrica, Tnuva, a few real estate developers and 15,000 other businesses were unable to pay their debts this year and were forced to file for insolvency and part of them went...
Mega Image Opens Four New Stores In Bucharest Friday And Saturday
Retailer Mega Image, part of Belgian group Delhaize, is opening three new Shop&Go stores and one Mega Image supermarket, Friday and Saturday, in capital city Bucharest, bringing its Romanian...
Best Year For Supermarkets: 227 Stores Opened In 2012
The major supermarket chains are getting close to 1,000 stores on the local market after having opened 227 in 2012, according to a ZF analysis. Retailers continued to invest hundreds of mill...
Spirits Importers Expect Up To 5% Growth In 2013
The spirits market, estimated at about EUR1 billion, will grow by no more than 5% in 2013, reveals a ZF analysis based on the forecasts of the largest companies in this industry.
REWE Opens Five More Penny Market Units In Romania
REWE Romania on Thursday said it opened five more units under the Penny Market brand in Romania, bringing its local network to a total 142 units.
Coface Romania: Food Industry Shows Signs Of Overheating, Competition Grows Fiercer
The existence of over ten retail chains in Romania, a country with around 20 million inhabitants, may lead to consolidation between companies, but there is also concern over the food industr...
Tnuva Cows Sold At 80% Discount
The 900 cow farm that Israeli-held dairy company Tnuva had in Adunatii Copaceni (south of Bucharest) was bought by Romanian businessman Marin Boraciu and Valentin Istrate, the farm veterinar...