Retail&Consumer
Electroputere's 9-Month Loss Halves To RON26.4M
Romanian electric engine maker Electroputere Craiova (EPT.RO) Friday said it registered losses of 26.4 million lei (EUR5.84 million) in the first nine months, halved compared with RON48.9 mi...
Cora’s Mall In Constanta 70% Complete, Set To Open In 2013
Retailer Cora Romania, which has a nine-hypermarket network, will open its first mall on the local market in Constanta (southeastern Romania) next June, following a EUR70 million investment.
Romanian Union Of Composers Says Retailers Hide Real Reason Behind Price Hikes
The Romanian Union of Composers and Musicologists – The Association for Copyright (UCMR-ADA) said Thursday fees to use copyrighted music have been cut, and rejected a recent statement by ret...
Albalact 9-Month Net Profit Falls 23% On Year
Romanian dairy maker Albalact Alba Iulia (ALBZ.RO) Thursday said its net profit fell 23% to 2.7 million lei (EUR0.6 million) in the first nine months, from RON3.5 million a year earlier.
Mega Image To Open Two New Shop&Go Store In Bucharest, Voluntari Friday
Retailer Mega Image, part of Belgian group Delhaize, said Thursday it will open two Shop&Go stores Friday, in Bucharest and Voluntari (Ilfov county), bringing its Romanian network to 164 uni...
Cora Romania Opens EUR42M Shopping Center In Bacau
Retailer cora Romania opened a new shopping center Thursday in Bacau, the first in the eastern part of the country, following an investment of EUR42 million.
Coca-Cola's Romanian Sales See Slight Increase In First 9 Months
The sales of Coca-Cola Hellenic in Romania rose slightly in the first nine months of 2012, but saw a faster growth in the third quarter due to good weather conditions during the summer selli...
Coffee Producer Doncafe Expects 17% Growth In 2012
The Romanian coffee market is picking up after the 2009-2010 decline, and will increase by 1% to 4% depending on the coffee product category, said Marius Melesteu, general manager of Strauss...
ANAT Wants Tip Included In Restaurant Bill
Romania's National Association of Tour Operators (ANAT) proposed the Finance Ministry to include the tip in the restaurants bills, a disputed initiative between restaurant owners.