Retail&Consumer
Romanians Spend Very Little On Toothpaste And Change Toothbrush Every Other Year
Every Romanian spent 10 lei (EUR2.23) on toothpaste last year, which is enough to buy one or two tubes, depending on the size and price, while only one in two Romanians bought a new toothbru...
Dedeman Opens Its 30th Store Friday In Bistrita
Romanian do-it-yourself retailer Dedeman, the leader of the local DIY market, said Tuesday it will open its 30th store Friday in Bistrita, northern Romania, following a EUR10 million investm...
Romania Seeks EC Approval To Extend Reverse Taxation On Cereal By Two Years
Romania’s Government will ask the European Commission to extend by two years the interval in which the country may apply reverse taxation on cereal.
Ceramic Tile Maker KAI Expects Over 20% Growth In 2012
Ceramic tile maker KAI Group, controlled by private equity firm Advent International, posted more than EUR10 million sales on the Romanian market in the first half, up 20% year-on-year.
Hotel Owners Want Tourist Registration System Canceled Or Radically Changed, Not Postponed
Hotel owners have called on the Tourism Ministry to explain why it is requiring them to give away tourists’ confidential information via the integrated system for tourist registration (SIET)...
Interex To Leave Romania. All Stores Closed On November 15
Interex, one of the lowest-profile retailers in Romania, will exit the market this year. It will close all its ten stores on November 15, market sources say.
Tourism Ministry Pays Off Debts To German Tour Operators
Romania’s Tourism Ministry said Monday it paid off a EUR287,500 overdue debt to German travel companies TUI, Dertour, ITS, ITS Stadtereisen, Frosch and Neckermann (Thomas Cook) for services...
Electroarges Holders OK Launch Of Takeover Bid For Oil Producer Argus
Shareholders of Romanian home appliances maker Electroarges (ELGS.RO) voted in favor of launching a takeover offer for edible oil producer Argus Constanta (UARG.RO), at the requeste of signi...
Romania Puts Off Implementation Of Integrated System For Tourist Registration
The implementation of the integrated system for tourist registration (SIET) has been postponed until next spring, Cristian Barhalescu, secretary of state with the Tourism Ministry, told Medi...