Retail&Consumer
Government Approves EUR42.8M Aid Scheme For Drought-Hit Farmers
Romania’s Government approved a EUR42.8 million aid scheme Saturday, to benefit about 600,000 farmers whose crops have been affected by drought this summer, said Agriculture Minister Daniel...
Heineken Romania Sales Climb 11.8% In 1H To RON544M
Dutch beer maker Heineken registered sales of 544 million lei (EUR122 million) in Romania in the first half of 2012, up 11.8% compared with the same interval a year ago, fueled by a 5% incre...
Auchan Interested In Acquiring Carrefour and Real. How Will It Change The Local Market Ranking?
The Romanian retail market is going through one of its most difficult times ever considering the talk about the exit of at least one of the largest companies with revenues of several hundred...
Avicola Bucuresti Turnover Up 93% In 1H To RON19M
Romanian poultry producer Avicola Bucuresti (AVBW.RO) said its turnover rose 93% in the first half of the year to 18.95 million lei (EUR4.24 million) from RON9.8 million in the same interval...
Oresa Ventures Names New Manager At RTC Proffice Experience
Swedish private equity company Oresa Ventures has appointed Gabriel Muresanu as manager at its Romanian office supply distributor RTC Proffice Experience, to replace Laura Arghirescu.
REWE Opens Its 129th Penny Market Store In Romania
REWE Romania on Thursday said it opened its 129th store under the Penny Market brand in Romania, bringing its local network to a total 135 units.
Snack Attack Sells Factory To Czech Buyers
Snack Attack, a bakery and restaurant company, sold its factory in Balotesti, Ilfov County (near Bucharest), to Fresh Crocodile Company, which makes and distributes sandwiches on several Eur...
Carrefour Opens 59th Supermarket In Romania Friday
French group Carrefour will open Friday its 59th supermarket in Vaslui, eastern Romania, the company said Thursday.
Lidl And Penny, The Only Two Retailers Left To Fight Price Battle
Lidl and Penny Market, the only two companies left on the local discount retail market, will have over 300 stores by yearend, 45 more than at the beginning of 2012. The two networks, which o...