Retail&Consumer
Kandia Dulce To Take Over Heidi Chocolat From Läderach
Swiss group Läderach will sell Heidi Chocolat to Romanian chocolate maker Kandia Dulce, and the two companies will become part of the newly-created Kex Confectionery.
Billa Romania Opens New Store In Cluj-Napoca , Extends Local Network To 71 Units
German retailer Billa, part of the Rewe group, opened a new store Monday, in Cluj-Napoca, bringing its Romanian network to 71 units, the company said Monday.
Top Moldovan Dairy Business Buys Prodlacta
Jardan Lapte Company (JLC), the leading dairy company in the Republic of Moldova owned by businessman Vladimir Jardan, will acquire control of insolvent dairy producer Prodlacta Brasov (PRAE...
Winemakers Rejoice As Demand For Expensive Products Rises
Winemakers started December in full gear, a month that generates the highest sales of the year for them as for the entire fast moving consumer goods industry.
Bike Sales Reach EUR45M, Parts And Accessories Lift Romania Market To EUR200M
Sales of bicycles amount to about EUR45 million in Romania, but the growth the major vendors saw this year compared with 2011 is insignificant.
Mega Image Eyes Opening 20 Stores In December, Ends 2012 With 193 Units In Romania
Retailer Mega Image, part of Belgian group Delhaize, plans to open 20 stores in December, aiming to reach around 193 units in Romania.
Romanians Bought Mostly Household Electronic Appliances, IT Products On Black Friday - Survey
Household electronic appliances contributed over 44% of sales on Black Friday in Romania, and were followed by IT products (30%) and electronics (24.3%), according to a survey conducted by m...
Echo Investment To Start Work On Brasov Mall In Summer
Echo Investment, controlled by billionaire Michal Solowow, the third richest man in Poland, has announced the start of works on the EUR100-million Korona Brasov mall, for which it bought lan...
BCR Suspends Foreclosure Auction On Shopping Center Cocor
Romanian lender Banca Comerciala Romana (BCR) has approved the suspension of foreclosure procedures targeting Bucharest shopping center Cocor, the owner of the mall said in a statement Thurs...