Retail&Consumer
Alfredo To Invest EUR6M In Production Facility Near Bucharest
Romanian food distributor Alfredo will invest more than EUR6 million in a production, storage and packaging facility in Afumati, Ilfov county, Tuesday said Cristian Darmanescu, one of the co...
Burger King Closes Up Shop In Romania
Atlantic Restaurant System, the operator of the Burger King franchise in Romania, has gone insolvent and closed three restaurants. The fast-food chain now has two restaurants left, which it...
Smithfield Romania Sales Up 23% In Fiscal Year 2012 To $246M
U.S. pork producer and processor Smithfield Foods said its sales in Romania increased by 23% in fiscal year 2012, to $245.8 million from $199 million, after its local subsidiary resumed pork...
Molson Coors Completes Acquisition Of Beer Maker StarBev
American group Molson Coors said Monday it has completed the acquisition of beer maker StarBev, also present on the Romanian market, for about EUR2.65 billion.
Top Romanian Restaurant Owner Sees Average Bill And Customer Numbers Up
Dragos Petrescu, the most powerful Romanian entrepreneur in the restaurant business, has expansion and acquisition plans for this year after noticing an increase in the average bill and cust...
Inditex To End 2012 With At Least 90 Stores In Romania
Inditex, the largest player on the Romanian fashion market, with sales of around EUR150 million last year, will end 2012 with a network of at least 90 stores, 18 more than at the end of 2011...
Cargill Keeps Silos Unused While Competition Progresses At Full Speed
Cargill, Romanian market’s number one grain trader, is not using a 47,000-ton silo and 16,000-ton grain collection facility in Giurgiu County (southern Romania) even though competition has m...
Cigarette Smuggling In Romania Hovers Around 13% Of Market - Study
Cigarette smuggling in Romania remained relatively constant in the first five months of 2012, being worth 13.3% of the total market in May, compared with 13.4% in March and 13% in January, a...
Azuga Waters To Begin Soft Drinks Production This Fall
Azuga Waters, owned by Violeta Moraru and her husband Valeriu Moraru, has completed the acquisition of the previously rented assets at the plant in Azuga (southern Romania).