Retail&Consumer
INS: Adjusted Retail Sales Rise 4.4% On Year In First Half
Romanian adjusted retail sales rose 4.4% on the year in the first six months of 2012, on higher demand in all sectors, the statistics institute INS said Thursday.
Unilever Extends Lease Deal For Office Space In Baneasa Business Park
Unilever, the second largest local producer of non-food fast-moving consumer goods, extended by five years the lease contract of the office space in Baneasa Business &Technology Park, northe...
DTZ: 13 Romanian County Seats Lack Modern Shopping Centers
Romania’s northeastern town of Suceava ranks first in a classification according to commercial real estate investment per 1,000 inhabitants, while 13 of the country’s county capitals have no...
Kiabi To Close All Its Stores By End-August
French retailer Kiabi will leave Romania by the end of the month, after closing the six stores in has in Bucharest (4), Constanta and Cluj.
Metro Cash&Carry Romania Posts Higher Sales In 2Q For The First Time in 3 Years
Metro Cash & Carry Romania reported higher sales in the second quarter of 2012, for the first time in over three years, contributing to the group’s sales increase in Eastern Europe, the comp...
Beer Maker Bermas Sales Flat At RON11M In 1H
Romanian brewer Bermas Suceava (BRM.RO) Tuesday said its sales increased only slightly in the first half of 2012, to 11.4 million lei (EUR2.6 million), from RON11.3 million in the same inter...
Greek Retailer BSB To Open New Store On Bucharest High Street
BSB Fashion Romania, a subsidiary of Greek apparel retailer BSB, will open its 14th local store in early September, in its own building on Magheru Boulevard in Bucharest.
Top Fashion Retailers Plan To End Year With 50 New Stores And Over 1,000 New Employees
The five largest foreign fashion retailers on the local market, which control 220 stores generating over EUR220 million in revenue, set out to open more than 20 new stores in the second half...
AFI Palace Cotroceni Head Says Mall Still Far From Reaching Peak Traffic And Revenue Potential
The sales of stores in shopping center AFI Palace Cotroceni in Bucharest, owned by AFI Europe, rose by 9% in the first half to EUR91 million. Calculated in lei, the sales of the mall went up...