Retail&Consumer
Avicola Brasov 9-Month Sales Up 30% On Year
Romanian poultry processor Avicola Brasov (AVLE.RO) Tuesday said its sales rose 30% to 85.9 million lei (EUR19.3 million) in the first nine months, from RON66.1 million in the year-earlier p...
Tour Operator ITS Reisen To Promote Romania In New Catalog In 2013
Travel company ITS Reisen plans to extend in 2013 its promotion of Romania as a tourist destination through a catalog in print that will be distributed in Germany, Austria and Switzerland, R...
Militari Shopping Center's Net Rental Income Rises 4.7% In Jan-Sept
Property firm Atrium European Real Estate on Tuesday said its net rental income from the Militari Shopping Center in Bucharest increased 4.7% in the first nine months of the year to EUR5.5 m...
Akzo Nobel: Paint & Coatings Market To Continue Decline In 2013
Akzo Nobel Coatings, part of chemical industry giant Akzo Nobel, estimates the Romanian paint and coatings market will see decline next year as well, but not as serious as in 2012.
AFI Palace Wants To Conquer Ploiesti, A City With A Purchasing Power Of EUR500M/Year
Romanian southern city of Ploiesti is the only one with two malls being built at the same time, namely Ploiesti Shopping City project and AFI Palace Ploiesti.
Local Fashion Heavyweights Will End 2012 With Revenues Of Up To EUR360M
The five largest fashion retailers in Romania will end the year with EUR320 million to EUR360 million in revenue, up 60% on the year as a result of the aggressive expansion and Romanians’ en...
Over 50% Of Romanian Restaurants Are Unprofitable, 50,000 Employees Might Lose Jobs
Over half of Romanian restaurants are currently unprofitable and about 50,000 employees in this sector will lose their jobs if they close down, Mohammad Murad, president of the Federation of...
Modern Retail Space Delivery In Romania Seen Down 40% In 2012
New supply of modern retail space in Romania will total 187,000 square meters in 2012, down 40% on the year, while next year’s delivery is currently estimated at about 150.000 square meters,...
Who Left And Who Stayed In Romania’s Fashion Retail Business
The local fashion retail is radically different than it was three years ago as a result of the difficult economic environment and of the many changes of market actors.