Retail&Consumer
Romania Must Boost Exports To Non-EU Markets
Romania must boost exports to non-European Union countries, such as those in the former Soviet Union, the Arab countries or China, similar to 20 years ago, taking into account financial turm...
Profi Opens Three New Stores In Romania This Week
Romanian retailer Profi, held by private equity firm Enterprise Investors, is opening three new stores this week in Iasi, Satu-Mare and Galati, bringing its network to 132 supermarkets in 81...
Kaufland Is Officially Largest Player On Retail Market, Metro Loses Supremacy After 15 Years
German retailer Kaufland, with a EUR1.31 billion turnover in 2011, has officially become the largest company in Romanian modern retail after the last two major retail companies, Kaufland and...
Bucharest Shopping Center Cocor Might Sell Spaces Separately
The owners of Bucharest shopping center Cocor plan to sell the unit’s commercial spaces separately, and the minimum price was set at EUR5,000 per square meter.
Romania Draws 100,000 Foreign Tourists Annually For Healthcare Services
Romania is visited annually by around 100,000 foreigners seeking healthcare services, three times fewer than before 1989, said Nicu Radulescu, head of the employers’ organization in the spa...
Robert Coman, Founder Of Best Computers, Brings Roberto Cavalli To Romania
Robert Coman, one of the founders of IT distributor and retailer Best Computers, will open a Roberto Cavalli mono-brand store later this year within the luxury shopping gallery The Grand of...
Eurolines Romania Sales Up 50% In Jan-Aug To About RON180M
Romanian tourism group Eurolines said Friday its turnover increased by 50% in the first eight months of the year, to some 180 million lei (EUR39.8 million), from RON120 million in the simila...
British American Tobacco Invests EUR40M In Factory Expansion S Romania
British American Tobacco (BAT), one of the largest tobacco companies worldwide, Thursday started the expansion works at its factory in Ploiesti, southern Romania, in a EUR40 million investme...
Furniture Exports Up, Manufacturers Affected By Asian Competition
Furniture exports went up by 6% in the first half, according to the data of the Romanian Furniture Manufacturers' Association (APMR), and were a breath of fresh air for the manufacturers in...