Retail&Consumer
Sarantis Romania 1H Revenue Down 8.8% To EUR15.8M
Greek group Sarantis, owner of cosmetics producer Elmiplant, announced its revenues from Romanian operations dropped by 8.8% in the first half of 2012, to EUR15.8 million, from EUR17.35 mill...
Subway Opens Fifth Restaurant In Romania
U.S. fast food chain Subway will open its fifth restaurant in Romania on Saturday, in shopping center Iulius Mall in Timisoara.
Carrefour Opens 58th Supermarket In Romania Thursday
French group Carrefour will open its 58th supermarket in Romania on Thursday, in the town of Focsani, the company said Wednesday.
Mega Image Taps Convenience Stores: 24 Units In Bucharest And Looking Outside Capital
Belgian retailer Mega Image has opened 24 Shop&Go convenience stores, the latest three last Friday, in one of the most ambitious expansion plans on the Romanian market.
Top 30 Retailers In Romania Post Turnover Of EUR4.3B
The ranking of the largest retail companies is dominated, as expected, by Carrefour, Real and Penny Market – foreign companies whose annual turnovers range between a little over EUR400 milli...
Selgros Installs First Rooftop Solar Farm, More To Follow
Selgros Cash&Carry, one of the top ten companies in local trade, is taking the first step towards electrical power generation, after having decided to install a rooftop solar farm at one of...
Italian Luxury Pen Maker Montegrappa To Open Store In Marriott Hotel, Bucharest
Montegrappa, Italy's oldest manufacturer of fine writing instruments, will open in September its first store in Romania and southeastern Europe, within the Grand Avenue gallery on the ground...
Cocor Sells Retail Space In Bucharest At Record Price Of EUR20,000/Sqm
Shopping center operator Cocor Bucuresti (COCR.RO) sold in August a 196-square meter retail space in Bucharest for about EUR3.98 million, or EUR20,348/sqm, a record price on the Romanian ret...
Farmec Reports Sales Of RON72.5M In Jan-July, Up 12.4% On Year
Romanian cosmetics maker Farmec Cluj-Napoca reported a 12.4% increase in sales to 72.5 million lei (EUR16.17 million) on the year in the first seven months of 2012, backed by a new range of...