Retail&Consumer
What Is Drugmaker Antibiotice’s Success Strategy
Romanian state-owned drug producer Antibiotice Iasi (ATB.RO) will hit its sales and profit targets this year, says general manager Ioan Nani, while 2013’s sales should follow the trend of th...
Kaufland Romania Invested Up To EUR100M In Ten Hypermarkets In 2012
German retailer Kaufland opened ten hypermarkets in Romania this year, following investments of EUR70 million to EUR100 million.
Roche Expects Growth Of Up To 5% In 2013, General Manager Says
Roche Romania, the local division of Hoffmann la Roche, estimates this year’s growth stands at no more than 5%, compared with the EUR214 million of 2011.
Profi Plans To Open 45 Stores In 2013
Retailer Profi, controlled by Polish private equity firm Enterprise Investors, plans to open at least 45 stores next year, bringing its Romanian network to almost 200 units.
German Praktiker Has No Plans To Close Or Sell Romanian Operations
Although the do-it-yourself retail business will be witnessing various transactions, German retail chain Praktiker currently has no plans to close or sell its Romanian subsidiary, said Micha...
Glencore In Talks To Take Over Vegetable Oil Producer Prutul Galati
International trader Glencore is in talks to buy vegetable oil producer Prutul Galati, owned by Romanian businessman Marian Andreev, people close to the talks told Ziarul Financiar.
Winemaker Domeniile Coroanei Segarcea Focuses On Premium Segment
Winemaker Domeniile Coroanei Segarcea wants to position itself on the upper segment of the market, because its 300 hectares of vineyard does not allow it to compete on equal footing with win...
Metro Cash&Carry Romania Opens 500 "La Doi Pasi" Convenience Stores 9 Months Since Launch
Metro Cash&Carry Romania, part of Metro Cash & Carry International, has reached a network of 500 franchised convenience stores under the brand "La Doi Pasi" (Two Steps Away), a concept launc...
Takko Plans 10 Openings In 2013 For A Network Of 70 Stores
Fashion retailer Takko, which arrived in Romania in 2007, will open ten stores next year, for a total of over 70 throughout the entire country. The German-held company is thus continuing to...