Retail&Consumer
How Cocor Went From Making Profit To Falling Behind With Its Loans
Four years ago, when the old Cocor store closed for an extensive upgrade program, it was over 90% rented and the average rent stood at EUR47 per square meter. Cocor Bucuresti (COCR.RO), whic...
Mega Image Opens Two More Stores This Week
Retailer Mega Image, part of Belgian group Delhaize, will be opening two more stores this week, one in Bucharest and one in Breaza (Prahova county).
First Leader Change In Retail As Kaufland Overtakes Metro And Carrefour
Kaufland climbed to the top position among modern retailers in Romania in 2011, ending the year with EUR1.35 billion in sales.
Carrefour And Angst Open Three Franchise Stores In Bucharest
Retailer Carrefour Romania and meat product retailer Angst have opened three franchise convenience stores in capital city Bucharest, managing a network of eight units in partnership.
Mengotti Luxury Store In Bucharest Fares Better Than Ones In Italy, Says Owner
Italian-born Adriano Mengotti, who runs a store chain that bears his own name, has hung on to his store on Calea Victoriei, which he kept open throughout the crisis because it had better res...
Romanian 1Q Beer Sales Down 5%, Cold Weather Blamed
Romanian beer market slid 5% on the year in the first quarter, hit by a two-month cold spell and a difficult economic climate, the country’s brewers association said Monday.
Flanco Targets 15% Market Share In 2012, Sees Electro&IT Retail Reaching EUR1.15B
Romanian electronics retailer Flanco targets to boost its market share to 15% until the end of 2012, compared to 12% in the first quarter, and estimates the electro-IT market will increase s...
Top 15 Romanian Drug Producers Posted EUR315M Revenue In 2011
The 15 largest local drug producers posted EUR315 million in revenue together last year, which accounts for 12% of a market dominated by importers. This means the 15 Romanian pharmaceutical...
INS: Industrial Sales Fall 9% On Month In April
Romanian industrial sales dropped 8.9% in April, after a two-digit growth a month earlier, due to falling demand across the board, the country’s statistics institute INS said Friday.