Retail&Consumer
Drought Makes Livestock Feed Up To 70% More Expensive
The drought made livestock feed up to 70% more expensive in farms, but the cost increase has not yet been seen in shelf prices. What will happen to the price of meat this autumn?
La Mama Restaurant Chain Sees Growth, Does Not Signal Market Rebound
Catalin Mahu, the Romanian businessman who owns the La Mama restaurant chain and the Cafepedia coffee shops, says that his business grew by up to 10% in the first seven months of this year,...
Romanians Paid EUR2.4B By Card For Shopping In H1
Romanians paid 10.4 billion lei (almost EUR2.4 billion) worth of shopping by card in the first half, up 22% year-on-year. One fifth of this amount was spent in shops abroad, according to Rom...
Cocor Bucuresti Losses Up 4.6 Times In 1H, To RON8M
Shopping center Cocor Bucuresti (COCR.RO) reported losses of 7.9 million lei (EUR1.75 million) in the first half of 2012, up 4.6 times on the similar period of last year, when its losses sto...
Iulian Stanciu Becomes Sole Shareholder In Flanco And NOD
Romanian businessman Iulian Stanciu on Monday said he became sole shareholder in electronics retailer Flanco and electronics distributor Network One Distribution (NOD) after buying the stake...
Romania Increases Subsidies For Eco-Farming From EUR3M To EUR4M
Romania will increase the subsidies for eco-farming from EUR3 million to EUR4 million, and beneficiaries will no longer be required to have no debts to the state or local budgets.
AFI Europe Romania Gets Permit To Build Hypermarket, DIY Store In Arad
Real estate developer AFI Europe Romania on Monday said it received the permit needed to build a hypermarket and a do-it-yourself store within the retail park it plans to develop in Arad, we...
Mega Image Opens 30th Shop&Go Store, Extends Romanian Network To 147 Units
Retailer Mega Image, part of Belgian group Delhaize, on Friday said it will open a new Shop&Go store Saturday, in capital city Bucharest, bringing its Romanian network to 147 units.
Cigarette Smuggling In Romania Down In July To Less Than 13% Of Market - Study
Cigarette smuggling in Romania decreased slightly in July, to 12.9% of the market, according to a study by Novel Research.